Golden Evening Star for the Re-test
Gold is all overall Bullish. Long term. However, since forming a strong Evening star variation at an all-time high re-test my sentiment has since shifted from an uptrend to a short term and definitely intraday downtrend. The weekly chart is still bullish. I believe the Daily chart just formed its higher low, price will now either created a new higher high or attempt to. The 8 exponential moving average has crossed to the downside of the 21 simple moving average. There's a 4-hour double top at the weekly resistance. I have confluence at the neckline, 61.8, as a well as a valid indecision pullback.
Penafian
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