Gold is approaching a possible correction on mid-term trend, currently there's a double-top formation with negative divergence in accumulation, technically there's still juice to breakout the top but it will be quite difficult and it won't last long without the correction.
Following the long-term formation there's still plenty of resources to continue the uptrend but the correction surely will take place.
Following the long-term formation there's still plenty of resources to continue the uptrend but the correction surely will take place.
注释
P.S.There are many other indicators that are being used for this TA, the above snapshot is only an example.
Moreover, I've been doing technical analysis for quite some time, and I'm neither bullish nor bearish, I'm a swing trader who likes TA. And as you should know - always make your own choices.
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