Gold is making higher highs and higher lows, while the RSI and MACD oscillators/histograms show lower lows and lower highs. This is a case of hidden divergence which is an indication of the trend continuing. People who are looking to short should consider this. I recommend traders to avoid shorting for now. For people who are longing, it should be good news. Expect Gold to reach 1862.
Please give a thumbs up if you agree with the idea and if there are any questions, feel free to comment down below.
Please give a thumbs up if you agree with the idea and if there are any questions, feel free to comment down below.
