Gold 1 Day - Bearish Divergence and Rising Wedge
Updated
Hello , I will write a little thought about gold)
The price moves in the ascending channel, when it is broken through, you can open a deal for lowering, so it will be more correct according to the Technical analysis.
But I see a big overheated and a triple bear divergence.
For this I try to sell at the level of 1680-1720
Stop Loss 1740
Goals 1575
1545
1515
Ratios Risk Profit 2.9
This is just my opinion, and is not a call to action)
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Thanks for visiting.
The price moves in the ascending channel, when it is broken through, you can open a deal for lowering, so it will be more correct according to the Technical analysis.
But I see a big overheated and a triple bear divergence.
For this I try to sell at the level of 1680-1720
Stop Loss 1740
Goals 1575
1545
1515
Ratios Risk Profit 2.9
This is just my opinion, and is not a call to action)
Looks good? Leave a like, share and leave a comment.
Thanks for visiting.
Trade active
first take 1575 - doneTrade closed: target reached
2 -targets done / next change to 1525 /
stop in profit /
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