hello everyone
as you can see there is divergence in the RSI and Gold price is near to a very strong resistance at 1831.733 (it has been testing the price fo three times in a row). if it breaks the line it would be a buy signal and if it go back and break the Trend line, it is an obvious short signal.
XAUUSD
as you can see there is divergence in the RSI and Gold price is near to a very strong resistance at 1831.733 (it has been testing the price fo three times in a row). if it breaks the line it would be a buy signal and if it go back and break the Trend line, it is an obvious short signal.
XAUUSD
Finally gold broke to the trend line and the message is Clear. now we can take short positions in daily and lower time frames.