XAUUSD Gold looks to be setting up for an extended down-move before attempting to resume the macro uptrend
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- MacD about to cross bearish (with lower highs & lows) - CCI downtrending (30 & 14 periods) - Stoch RSI downtrending while RSI now pointing down - EMA bearish cross (100/200EMA) *What I'm looking at on current 6hr chart*
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^
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Pretty much the opposite of the above is the case for DXY too
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Possible bearish H&S after an already violent downswing
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Related charts are scattered throughout this idea:
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