XAUUSD has topped. Quick sell can be taken here.
Gold / XAUUSD is trading inside a Channel Up for almost 5 months.
Today the price hit the pattern's top while the 4hour RSI is on Lower highs instead.
That's a standard bearish divergence, the formation that emerged on all three previous Higher Highs of the pattern.
This is a short term sell opportunity. Sell and target 2725 (Fibonacci 0.382).
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Today the price hit the pattern's top while the 4hour RSI is on Lower highs instead.
That's a standard bearish divergence, the formation that emerged on all three previous Higher Highs of the pattern.
This is a short term sell opportunity. Sell and target 2725 (Fibonacci 0.382).
Follow us, like the idea and leave a comment below!!
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