xauusd continues to downward movement
Updated
hello guys...
it is a high probability that xauusd will form a three-drive pattern to the green area.
but besides this probability, this commodity broke down ascending channel and it will continue a bearish trend as well.
don't let divergence in the rsi indicator tricks you, it is so common if divergence happens 3-5 times!
two places that I show on the chart are so perfect for getting short positions until reach the green area!
for a higher time frame reference look at this analysis:
1
2
3
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Trade closed: target reached
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you can get a free trading view account by depositing
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🚀🚀My telegram channel:
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