XAUUSD: Gold to take a little drop to $1580 Kort

GoldOANDA

Beskrivning

⋅ 28 mar 2020 09:31

A rising wedge on the 4hr chart implies a possible
drop in price to the support line.

This BEARISH move is also supported by the
bearish divergence on the RSI

Kommentera

⋅ 1 apr 2020 10:05

Perfect - It hit the target spot on

Chart Patterns Technical Indicators

Kommentarer

EZ_Trader

⋅ 1 apr 2020 14:24

Nice work - to the T.

Does this qualify as a Quasimodo as well?

martinbrits28

⋅ 1 apr 2020 21:13

@EZ_Trader, Thanks- i have tried to explain the Quasimodo in chart below

EZ_Trader

⋅ 2 apr 2020 05:34

@martinbrits28, I was thinking of the bigger picture QM

martinbrits28

⋅ 2 apr 2020 08:10

@EZ_Trader, I see what you mean. The re-test of the support that may bounce it higher. Let's see how it plays out

Mer