XAU/USD Analysis - Daily Chart

٥ يونيو

The daily chart for Gold shows clear divergence between the recent highs in price and the highs in the MACD. This indicates a potential weakening in buying pressure. Currently we see price finding daily support around the $2327 per ounce mark. With the divergence in mind, watch to see if price breaks lower and then look for sell setups that meet your strategy rules.