XAUUSD is now strongly willing drop down to break the daily channel, IMO.
That makes retest last high is possible, giving consideration of Fed rate decision.
On weekly chart, every time GOLD start a grand super impulse wave to drop, a strong RSI DIV appeared.
So is that possible for this time too?
Gold has show us strong bear signal on weekly chart. If the restest of last high is going to happen, then a new RSI DIV on weekly chart is possible before a new impulse wave.
GOOD LUCK !!!
LESS IS MORE!
That makes retest last high is possible, giving consideration of Fed rate decision.
On weekly chart, every time GOLD start a grand super impulse wave to drop, a strong RSI DIV appeared.
So is that possible for this time too?
Gold has show us strong bear signal on weekly chart. If the restest of last high is going to happen, then a new RSI DIV on weekly chart is possible before a new impulse wave.
GOOD LUCK !!!
LESS IS MORE!
