creedyincredible

Gold is ready for the minor retracement

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar

Gold bounces strongly from 1460 and hit 1500+, I would say the dead cat bounce back is too quick and losing the stem. I would expect a minor retracement to 1480s region followed by corrective wave C.
Yea, 30min rsi bearish divergence shows a short term bearish signal.

Forex & Crypto day trader
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