Gold is resisting to move up and moving sideways for the past few days.
Resistance and support of trendline is near to current price, breakout toward any side will give create good movement.
Momentum is making lower low whereas price is moving side wise indicating weakness.
MACD is above 0 but on the verge of crossing downside
RSI is also moving side ways.
Keep an eye on the price as breakout at anyside will show good price movement.
Resistance and support of trendline is near to current price, breakout toward any side will give create good movement.
Momentum is making lower low whereas price is moving side wise indicating weakness.
MACD is above 0 but on the verge of crossing downside
RSI is also moving side ways.
Keep an eye on the price as breakout at anyside will show good price movement.
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