"Wombat53 mentioned hed been looking at the weekly"
While certainly I always look at Weekly for the bigger picture , I then drill down to Daily, I don't recall posting any recent such (weekly) charts.
This belongs on other thread (TA/Chart).. I was commenting on DAILY downtrend, and inquiring of
trend line users if this in a short term downtrend (based on trend line) since mid July. Regardless, there is an obvious loss of upward momentum - several successively lower highs.
Numerous Chart Patterns (both bullish and bearish) can also be fabricated.
XAUUSD - POG in United Stated Dollars (USD) - DAILY:
======> Follow the US Politics...starting Tues 10:00am.....it will have an impact.....