Ouro/Dólar Americano

XAUUSD: Towards a correction?

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There are initial signals concerning a correction if not yet a reversal of trend for XAUUSD.
The orientation of the Lagging span is to be watched carefully. Above that, The price could not cross the Kijun . The RSI is about to come to the red trend line beloow wich RSI is bellow 50.
Although the Kumo Cloud do not give a clear signal of a future change of trend, it is rather think i.e volume and volatility.
Therefore,as far as prices are concerned, any price bellow 1240 should be watched carefully

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