High Level – Currently RSI and SRSI are showing Bearish Divergence on the weekly. If both lines on the SRSI cross below the 20 level (red line), orange box will more likely get hit for better DCA opportunity. There isn’t much data in the charts (almost a year worth of data) to do a pure TA on, but these are what I see as of now. I will be personally adding a small...
Current BUY conditions for XAU/USD (GOLD)/USD. As of now, we are in the HOLD zone, meaning I will only hold till we head to next take profit levels, or once all three oscillators are at our buy or sell zone! (Or I buy a small portion if Orange Box Fib levels get hit!). I do take profits on past support/resistance levels (I been posting on the charts, but I only...
A hard rejection at the previous all-time highs zone with a slightly higher high with the new all-time high at $69,218. For now, this is not a great looking candle on the daily chart. A pullback to test the confluence area of the S/R flip zone ranging from $60,050 to $60,850 as well as the February 26th breakout VWAP currently at $60,776 is looking like higher...
