Super Gold Opportunity SELL. Price reached important reversal point of interest.
We are facing a pullback in a downward bias. SELL when price passes the 123.05 and above.
We enter when price goes below 1.3204 and aim at 1.3275 or less.Depends what lot size uses everybody and the amount of profit that seeks. Me,personally,use big lots for small pips and tight sl.
A very nice divergenge in both indicators,confirms that it is time to go down. You can Open now a position,and if stil continues to move up,USE 5 min chart to find a divergence and then open a bigger position. Take profit when the 18 RSI moves down the 30 Line,OR for bigger profits,wait until a divergence appears in the line under 30.
Short this pair now until at least 1.5018 We are in a downtrend,as shown by the momentum and this is a bounce up. So...we expect at least a drop till the previous low.
MACD not following movement in 4h chart,despite the fundamental. Force index also predicts a down movement. TP:1.2699