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Gold Breaches Trendline as Sentiment Sours

Gold Breaches Trendline as Sentiment Sours
Gold has breached its ascending trendline and could soon drop below the Ichimoku cloud as well, as the short-term momentum indicators are pointing down. The %K and D% lines of the stochastic oscillator have posted a bearish crossover, while the RSI is heading lower after failing to climb above the 50 neutral threshold. Immediate support […] The post Gold Breaches Trendline as Sentiment Sours appeared first on Action Forex... Read More
Posted: Jun 5 2023, 10:22
Author Name: actionforex
Views: 102052

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