AresFx

Hidden Divergence in Gold

Panjang
OANDA:XAUUSD   Emas Semerta / Dolar A.S.
Gold is making higher highs and higher lows, while the RSI and MACD oscillators/histograms show lower lows and lower highs. This is a case of hidden divergence which is an indication of the trend continuing. People who are looking to short should consider this. I recommend traders to avoid shorting for now. For people who are longing, it should be good news. Expect Gold to reach 1862.

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