Gold trades higher on weak US dollar, good to buy on dips : FxWirepro. The bias remains bullish, The RSI shows upside momentum.
Turning down, The RSI shows downside momentum. The downside prevails, The RSI is mixed to bearish. The bias remains bullish, The RSI is mixed to bullish.
Consolidation, Even though a consolidation of the technical rebound cannot be ruled out, its extent should be limited. The bias remains bullish, The RSI lacks downward momentum. Consolidation, The RSI lacks upward momentum.
Consolidation, The RSI is mixed to bearish. The downside prevails as long as 1. The MACD is below its al line and negative.
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The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs respectively at 1.
Consolidation, The RSI shows downside momentum. Bullish bias above Bullish bias above 1. Under pressure, The RSI is capped by a declining trend line. Further advance, The RSI shows upside momentum.
Rebound, A support base at 0. Rebound, The RSI is mixed to bullish. Under pressure, As long as the resistance at 0.
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Continuation of the rebound, The RSI shows upside momentum. Rebound towards 1. The MACD is negative and above its al line. The configuration is mixed. Moreover, the pair is stands below its 20 and 50 MAs respectively at 1.
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