Gold Is All Set To Fall!! Deja vu Of August 2022!!

Short

Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)

FOREXCOM:XAUUSD Gold Spot / U.S. Dollar

indicator goldshort goldidea goldtrading

Gold has created a weak high which is supported by -Ve Divergence and also at the top edge of the channel.. It doesn't seems to have strength to push any further!! Gold seems to in the similar situation back in August 2022 (-Ve Divergence), let's wait watch for the next few trading sessions and good luck with trading in new year 2023!!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.