Short term daily chart is bearish
Chart indicators similar to last August's H&S reversal
Bollinger band squeeze & the price drawn to the lower. A trend hugging a band is strong & should continue
Descending triangle pattern target roughly $765, but will expect support @ $800
ADX rising above +DMI, (-DMI > +DMI) = sell signal
MACD line decisive cross below center line is bearish. Lower Histogram bars indicate increasing negative momentum
RSI 50 respected as resistance & now retreating further into bearish territory
IMO, DYOR
gold will retrace tonight, page-36
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