XAUUSD MACD INDICATOR IS SHOWING DIVERGENCE ON W1 CHART SEASONALLY GOLD IS DUE A DROP TILL END OF MAY BEFORE CONTINUING UPTREND FOR THE SUMMER. THIS WEEKS CANDLE FAILED TO BREAK ABOVE PREVIOUS WEELY HIGH. DROP TO 1530 WILL JUST BE A TEMPORARY RETRACEMENT WITHIN LONTERM BULLISH TREND
THERE IS DIVERGENCE FROM 1530 AND COMBINED WITH SEASONAL EXPECTATIONS ITS POSSIBLE PRICE COULD RETRACE TO 1530 OR BELOW BY END OF MAY 2020.