Midas_Calista

Gold price will reverse

Midas_Calista Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Divergence of this type is often seen in an uptrend. After the price makes the second high, if the indicator makes a low high (unlike the price, which makes a high), then you can predict that the price may reverse and drop again.
Comment:
Comment:
I see the price is running wave 5
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.