CoinChartist

$GOLD Overheated on Monthly SHORT

Kort
OANDA:XAUUSD   Guld / USA-dollar
Gold very well could be in a longer term uptrend but I don’t think it gets through this resistance the first try -and things are looking very overheated on monthly timeframes.

A bearish wedge is forming, MACD is signaling overbought and looks to be turning down, and there’s a bear div on the RSI.

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