GOLD-USD is showing a bullish trend over one hour time frame. This can be also seen from the RSI momentum which appears to be Bullish as well. Therefore no sign of Divergence is found at the current state of the instrument. This can be a good opportunity for a Long Trade.
Note
SL Hit..Trade Closed..Major Reason is the CPI news
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.