Short term outlook: Bullish divergence on the 30 minute chart.
Dear Readers,
If we use the RSI in our TA, we can spot the short term divergences. Bulls will look to see if gold can be pushed sideways and up after gathering momentum, targeting 1900 area. Bears will target 1800 area.
In the short term the TA suggests a bullish momentum. DXY is ranging while WTI is also trying to remain green.
Lets see what happens :D
If we use the RSI in our TA, we can spot the short term divergences. Bulls will look to see if gold can be pushed sideways and up after gathering momentum, targeting 1900 area. Bears will target 1800 area.
In the short term the TA suggests a bullish momentum. DXY is ranging while WTI is also trying to remain green.
Lets see what happens :D