is approaching the resistance at zone (1216.36 - 1217.48) but could break through this - there are no major divergences that would indicate a reversal and RSI
is just a bit above 50, so far away from being oversold.
On the other hand, there are a lot of divergences on DXY
that would indicate a reversal - this could affect gold
, but gold
could start to decouple.
goes above 1217.48 I will go long for a few pips.