After 100 days bullish trend , ultimately the divergence had been shown in RSI and also MACD and led to bearish trend . Even though it's believed that the price of gold is to increase (according to the wall street & the main street traders poll ) , the technical analysis say something else . Finally we expected that the bearish trend for fifth wave of Elliott waves is going to start ....................
XAUUSD : SELL
Major resistance : 1280
XAUUSD : SELL
Major resistance : 1280
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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.