Gold showing us bullish divergence in the price action and both indicators (RSI and MACD)
We look in the price actin making a lower low and RSI making a lower high. Meanwhile, in MACD it's appear that we continue in up direction.
Now, I want to share you this analysis in H4 timeframe we're we look indicators oversold and we could to look a bullish reversal in the price.
We look in the price actin making a lower low and RSI making a lower high. Meanwhile, in MACD it's appear that we continue in up direction.
Now, I want to share you this analysis in H4 timeframe we're we look indicators oversold and we could to look a bullish reversal in the price.