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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...
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Posted: Jun 5 2023, 10:22
Author Name: actionforex
Views: 102052