Gold is trading in a noticeable Bullish Flag or Descending Triangle, and the RSI is displaying a similar pattern as well as the KST.
On the KST there's possibly a Triple Bottom and a Bullish cross happening on the third bottom, we'll have a better understanding of the third bottom if it remains a higher low in the upcoming trading days/weeks.
If the KST gets doesn't create a higher high & gets rejected at the blue downward sloping line Gold will start looking worrisome "if" the trend continues as suggested with the green line I've drawn to represent "potential" future price action.
If we see the KST develop like the blue line I've drawn Gold will look much healthier from a bullish perspective.
On the KST there's possibly a Triple Bottom and a Bullish cross happening on the third bottom, we'll have a better understanding of the third bottom if it remains a higher low in the upcoming trading days/weeks.
If the KST gets doesn't create a higher high & gets rejected at the blue downward sloping line Gold will start looking worrisome "if" the trend continues as suggested with the green line I've drawn to represent "potential" future price action.
If we see the KST develop like the blue line I've drawn Gold will look much healthier from a bullish perspective.
Nota
Another fake-out to the downside for GOLD? The new updated chart below, 
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.