XAUUSD sell signal (18 FEB 2016 12:00 PM UTC) from COSMOS4U adapted MACD Indicator

COSMOS4U MACD Indicator under 20, 42, 17 parameters given from COSMOS4U technical analysis research department, generated a sell signal for XAUUSD spot price in H1 timeframe (18 FEB 2016 12:00 PM UTC).

The sell signal is weak because the crossover has taken place below the zero line, thus determining the prevailing market trend.

The moving average MA(6) Hourly Volume is below the MA(20) Hourly Volume so the confirmation volume signal is weak.

The difference between the Bull and Bear Volumes for 20 hours is bullish.

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

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