Delayed effect to next week as news were digested and dissected.

Red next week before Labour day?

The MACD indicator (Moving Average Convergence Divergence, Moving Average Convergence Divergence Index) is a momentum indicator that measures the change in momentum in asset prices through the difference (DIF) between two moving averages (usually an exponential moving average, EMA), and an exponential moving average (DEA) of this difference to provide trading signals
The main components of this indicator are fast lines (DIF), slow lines (DEA), and bar charts (MACD bars), which work together to provide a visual representation of market trends and momentum
In a volatile market, the price does not move continuously in one direction, but fluctuates up and down within a range. In such a market environment, using the MACD indicator has the following advantages:
Trend tracking: MACD is a trend tracking indicator that helps traders identify the market's swing highs and lows. When the price starts a new wave movement, the MACD can provide earlier signals to allow traders to follow the trend to trade
Momentum Watch: The MACD shows the gap between moving averages, which can reflect the strength or weakness of market momentum. In a volatile market, by observing the growth and shortening of the MACD column, traders can determine changes in market momentum to decide whether to enter or leave the market
Trading signals: Gold forks (DEA on DIF) and dead forks (DIF...) provided by the MACD indicator