good to buy now as bullish divergence appears
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RSI MACD both show bullish divergence which means gold is oversold right now.
It's time to enter some long position.
It's time to enter some long position.
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The lesson I have learnt:Both rsi and macd divergence are not enough to be used to guess the short term direction.
From now on, I will also consider whether there are some trend reversal pattern such as double bottom/H&S so that my trades will be more efficient.
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