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XAU/USD - D1 chart analysis
Hello everyone,
On XAU/USD in D1 time unit, we can clearly see a bearish RSI divergence accompanied by a beautiful ETE as well as a nice bearish confirmation in sight on ichimoku.
For ichimoku, the kijun is above the tenkan (1st bearish signal), the chikou is below prices (2nd bearish signal), prices are heading for a break of the kumo cloud (3d bearish signal).
Then we have the RSI, which is on the neutral zone and has plenty of room to make a long retracement to the 2100/2080 zone.
The chartist ETE figure is also well placed at the top of the market.
Accompanying all this is the retest of all the broken resistances ever tested since.
Feel free to boost my idea, as well as write a comment!
Capital Invest Or
On XAU/USD in D1 time unit, we can clearly see a bearish RSI divergence accompanied by a beautiful ETE as well as a nice bearish confirmation in sight on ichimoku.
For ichimoku, the kijun is above the tenkan (1st bearish signal), the chikou is below prices (2nd bearish signal), prices are heading for a break of the kumo cloud (3d bearish signal).
Then we have the RSI, which is on the neutral zone and has plenty of room to make a long retracement to the 2100/2080 zone.
The chartist ETE figure is also well placed at the top of the market.
Accompanying all this is the retest of all the broken resistances ever tested since.
Feel free to boost my idea, as well as write a comment!
Capital Invest Or
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