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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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.