GOLD sell Opportunity - if it breaks the RSI trendline
Sell Gold - SL = 1272, TP = 1244
Rising RSI trendline is the support for Gold.
Reason to Sell:-
1) negative Divergence on RSI
2) Oversold Stochaistics
3) Resistance for KS in Ichimoku
Rising RSI trendline is the support for Gold.
Reason to Sell:-
1) negative Divergence on RSI
2) Oversold Stochaistics
3) Resistance for KS in Ichimoku
Note
This Trade will be activated ONLY when RSI TRENDLINE is BROKEN on DOWNSIDE. Until then we monitor the setup.Order cancelled
This Order is Cancelled.. as Daily and Weekly Charts are roaring for a strong movement to upside........Daily RSI broken the resistance, significant momentum is seen to the upside.
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