Sell XAUUSD (4H)
Updated
in 4H Chart :
Top of the bearish parallel channel (blue channel)
38.2% fibo retracement
4H resistance level
Hidden divergence in RSI indicator
> Sell
Entry : 1297.5
Stop : 1300.5 (30 pips)
TP1 : 1292.5 (50 pips)
TP2 : 1282.5 (150 pips)
TP3 : 1266.5 (310 pips)
Top of the bearish parallel channel (blue channel)
38.2% fibo retracement
4H resistance level
Hidden divergence in RSI indicator
> Sell
Entry : 1297.5
Stop : 1300.5 (30 pips)
TP1 : 1292.5 (50 pips)
TP2 : 1282.5 (150 pips)
TP3 : 1266.5 (310 pips)
Trade closed: stop reached
Profit = -30 pipsNow wait for pullback to broken parallel channel and buy gold.
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