XAUUSD | Bearish Divergence

2024年7月17日

Currently, XAUUSD (Gold) is in an uptrend, making new higher highs and higher lows, and moving within a parallel channel supported by its trendline. Additionally, fundamental factors are pushing gold to make new higher highs.

However, on the 1-hour time frame, there is a hidden bearish divergence, indicating a potential trend change to a downtrend. This suggests that soon, new lower highs (LH) and lower lows (LL) may form, and we can expect the price to test the trendline.

In summary:

Uptrend: Gold is making higher highs and higher lows and moving within a parallel channel supported by a trendline.
Fundamentals: Supporting the uptrend and pushing gold to new highs.
Hidden Bearish Divergence: On the 1-hour time frame, indicating a potential trend change to a downtrend.
Expectation: Potential formation of lower highs and lower lows, with the price possibly testing the trendline.

These signals suggest that while gold is currently in an uptrend, there are signs of a possible reversal. It is important to monitor these indicators and conduct further analysis before making trading decisions.

2024年7月17日

交易進行

2024年7月17日

交易結束：目標達成

Running in good profits almost 80+ Pips Book Some Partial Here

2024年7月18日

註釋

TP 1: Hit :-)

2024年7月19日

交易結束：目標達成

TP 2: Hit :-)

2024年7月19日

交易結束：目標達成

TP 3: Hit :-)
Full Trade Close All TP's Hit