XAU/USD – Potential Reversal with RSI Divergence (12H)
Keeping a close eye on Gold in the 12-hour timeframe, and I’ve spotted a clear bearish RSI divergence.
While price is making higher highs, the RSI is forming lower highs, indicating potential weakness in the bullish momentum.
🔻 The highlighted zone on the chart marks a key liquidity area, which now seems to be acting as resistance.
📉 We already saw a first rejection from that zone and a possible beginning of a correction (red arrow on chart).
📊 Confluences:
Bearish RSI divergence (white trendline on RSI)
Price at a strong resistance zone
Possible retracement towards EMA 9 or EMA 20
💡 I’m waiting for confirmation via price action (e.g., market structure break or strong reversal candle) before considering an entry.
⚠️ This is not financial advice – just my personal view of the market at the moment. Always do your own analysis and manage your risk.
Keeping a close eye on Gold in the 12-hour timeframe, and I’ve spotted a clear bearish RSI divergence.
While price is making higher highs, the RSI is forming lower highs, indicating potential weakness in the bullish momentum.
🔻 The highlighted zone on the chart marks a key liquidity area, which now seems to be acting as resistance.
📉 We already saw a first rejection from that zone and a possible beginning of a correction (red arrow on chart).
📊 Confluences:
Bearish RSI divergence (white trendline on RSI)
Price at a strong resistance zone
Possible retracement towards EMA 9 or EMA 20
💡 I’m waiting for confirmation via price action (e.g., market structure break or strong reversal candle) before considering an entry.
⚠️ This is not financial advice – just my personal view of the market at the moment. Always do your own analysis and manage your risk.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。