Turla

Temporary shedding

Kort
OANDA:XAUUSD   Guld / USA-dollar

We updated the gold and said it was out of the downtrend and it did the same

It fluctuates between a support and a resistance and a relatively good trend line that is likely to accompany its resistance

But why a temporary fall?
This view is not definite and there is nothing definite, but it should touch the trend line again, and there is also a weakness in the ascent, because there are tightnesses lately, and we also see a negative divergence in the RSI, and gold at the extreme buy point. It has been and according to the movements and market cycle, it will see the extreme selling price, and the extreme selling has not been seen for nearly two months, and we have to wait for it.

But after touching the trend line, the probability of climbing to resistance will be high.
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