Xauusd Short Technical analysis
Updated
XAUUSDAfter divergence in Macd 4H and breaking ascending trend line, it looks like the price will reach the level of 1751-1755, it is much better and safer to wait for the price to break the level1769 and enter in correction wave, but personally in this case looking for a correction to about level1779,(in that point we have to go to the lower time frame to find the best entry point)
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Now that our trade is in +120 (about 50% of TP) pips of profit, I recommend closing half of our trade and moving the SL to 1787Trade closed: target reached
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