XAUUSD sell signal (09 FEB 2016 10:00 AM UTC) from COSMOS4U adapted MACD Indicator

COSMOS4U MACD Indicator under 33, 124, 7 parameters given from COSMOS4U technical analysis research department, generated a sell signal for XAUUSD spot price in H1 timeframe (09 FEB 2016 10:00 AM UTC).

he sell signal is strong because the crossover has taken place above the zero line, thus determining the prevailing market trend.

The moving average MA(6) Hourly Volume is below the MA(33) Hourly Volume so the confirmation volume signal is weak.

The difference between the Bull and Bear Volumes for 33 hours is bullish.

Stay in touch for future signals so as to keep abreast with trader sentiment shifting.

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