GOLD Negative Divergence and Spinning Top
- Gold four hour chart is showing negative divergence with macd indicator
- Four hour candle has given a spinning top formation
- If this hour candle closes in red we may see gold pull back to 1814 levels or the trend line shown in 2nd chart.
- My recent post on negative divergence in gold has not done well because of the primary trend of gold. This one looks convincing but current candlestick also should close in red to confirm the weakness.
- CRUDE OIL NEGATIVE DIVERGENCE TRADE
Thank you for your info, always great timing.
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