XAUUSD (Gold) 4H MACD: 
›› The bearish cross is the main signal we are considering on this oscillator. It comes coupled with a lower high.
›› The MACD is trending down and bearish confirmed.
XAUUSD (Gold) 4H RSI:
›› The RSI is not hiding anything. It is moving below support, trending down and going down. The bearish bias is confirmed.
Now let's consider the candles real quick.
XAUUSD has been trending higher, slowly, even though the action is happening below the all-time high. This slow rise is coupled with decreasing volume, a volume divergence.
The lower high happened 23-February 20:00 with a full red candle. Any action afterward isn't making the chart stronger. A drop can happen any moment. It gets closer with each passing day. The classic calm before the storm.
Thank you for reading.
Namaste.
›› The bearish cross is the main signal we are considering on this oscillator. It comes coupled with a lower high.
›› The MACD is trending down and bearish confirmed.
XAUUSD (Gold) 4H RSI:
›› The RSI is not hiding anything. It is moving below support, trending down and going down. The bearish bias is confirmed.
Now let's consider the candles real quick.
XAUUSD has been trending higher, slowly, even though the action is happening below the all-time high. This slow rise is coupled with decreasing volume, a volume divergence.
The lower high happened 23-February 20:00 with a full red candle. Any action afterward isn't making the chart stronger. A drop can happen any moment. It gets closer with each passing day. The classic calm before the storm.
Thank you for reading.
Namaste.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
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Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.