possible scenario plays out for GOLD

29 May 2020

As seen in the previous idea not too long ago, gold has made a nice retest of the previous wedge it broke out of. Now looking to continue higher with bullish signs continuing to crop up

29 May 2020

Not

If we look at another global view, however, we notice that gold price action seems to be losing steam and momentum seems to be turning into the negative as make a divergence with the RSI and higher highs