Watch out for possible topping patterns.

3 בינו׳ 2023

Spot Gold on W: TD count 9, top of bollinger band, though RSI not oversold yet and MACD still rising.

It may have a few weeks to go, but from here onwards i would carefully watch for topping patterns formations.
Watch DXY as well.

16 בינו׳ 2023

הערה

Still going.



Despite that it starts smelling like a trap.
TD count 10 on W, 12 on D.

Would keep an eye on that rising support on RSI.
Once it's broken price is pretty likely to pivot.

17 בינו׳ 2023

הערה

XAUBTC (M):

20 בינו׳ 2023

הערה

Come on ...

2 בפבר׳ 2023

הערה

Still going, but TD count 13 on Weekly and starting to show a bearish divergence.

2 בפבר׳ 2023

הערה

RSI/D:

2 בפבר׳ 2023

הערה

XAUBTC/M:

3 בפבר׳ 2023

הערה

Here we go.

3 בפבר׳ 2023

הערה

7 בפבר׳ 2023

הערה

Bull trap or not ?


Let's see.

24 בפבר׳ 2023

הערה

Bull trap indeed.
As supposed in the OP.