MEGALO1

Gold's Trending Bearish and That's no (((Bull)))

שורט
MEGALO1 מעודכן   
FX_IDC:XAUUSD   זהב / דולר אמריקאי
Some Bearish tendencies Developing on my gold chart !!!
הערה:
WEak Volume; Flat Stoch/Rsi pattern; price action are all conducive to a bearish trend in developing stages ! ? :-)
הערה:
Engulfing Bearish pattern Break -outs !!
הערה:
My Golden Dome is not as bright Yellow as it was on Friday it's got a tarnished yellow color ??? Let me Think ???
הערה:
PM markets are suffering from a negative divergence once again its not conducive in buying any miners at this time especially the lighter colored stuff. No miners No Etf's long , not until a full fledged bull leg has developed & has been confer-mated !! :-)

I would hypothesize the reason for the divergence would be from the market makers & the power's to be, trying to keep the scalping & short term profiteer's from making a mint on short term day trades !/?
הערה:
Gold still in a bearish trending status with three red hourly candles & working on a forth!
הערה:
I believe Gold will retest $1960 price point and if it beaches below it could very well blast down to $1940 arena !/?
הערה:
The hourly MA is crossed on a negative bias for Golds price action .
הערה:
Fundamental News from our propagandists media mouth piece should only be herd post market not during !!!

Old Mcdonald preaching what a glorious job he's doing for america !
Again just before London Gold & Silver Bullion Exchange closing and during closing ?
Gold went to new ATH imagine that, created by design !
הערה:
!hr candle flashing Bearish Engulfing right now !
The mortgages MBA - 5% which help gold go to mew highs .
הערה:
Treasury refunding announcement at present should have some effects on Gold !
הערה:
PM miner's & ETF's suffering a negative divergence once Again??
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