FX:XAUUSD Sell Range - 1326 to 1329 StopLoss - 1343 Target 1 - 1314 Target 2 - 1304
Short Term Call wait for price to come to buy zone
Stop Loss previous high= 1.0222 Take Profit - 0.9782 - 0.9615
Bearish Divergence RSI 80% = New High - 0.9733 RSI 75% = New High - 0.9761 RSI 69% = New High - 0.9773 as we can see RSI is giving lower highs for each new high in price. by this we can interpret that bearish divergence is formed. RSI is not able to support price momentum and soon we can see break on downside. by seeing the chart we can also predict M-TOP...
1st Buy 1252 2nd Buy 1246 hold approx for 4-5 days Target 1 - 1268 Target 2 - 1279 Target 3 - 1291 Target 4 - 1303 Stop loss 1226