Weekly:
- Bearish trend channel persists, Price back below Kijun Sen
- HA candles bearish, haDelta further below zero line and SMA3, Oscillator is bearish
Daily:
- Turning more bearish. Price dips below Kumo, the Kumo ahead is thick above Price. Chikou comes below Price.
We also have a bearish Senkou Span cross (forward Kumo switches to bearish
- Short term uptrend line is broken. Candles are red, haDelta and Oscillator are bearish.
As USD goes more bullish again, Gold can stay under selling pressure.
We may see pull backs from time to time, but Gold will be strategic bullish only if we see a Kumo breakout on the Weekly chart.
- Bearish trend channel persists, Price back below Kijun Sen
- HA candles bearish, haDelta further below zero line and SMA3, Oscillator is bearish
Daily:
- Turning more bearish. Price dips below Kumo, the Kumo ahead is thick above Price. Chikou comes below Price.
We also have a bearish Senkou Span cross (forward Kumo switches to bearish
- Short term uptrend line is broken. Candles are red, haDelta and Oscillator are bearish.
As USD goes more bullish again, Gold can stay under selling pressure.
We may see pull backs from time to time, but Gold will be strategic bullish only if we see a Kumo breakout on the Weekly chart.
