realkayem

realkayem

The last time XAUUSD was att the level it is at now was 2012. At that extreme high, I spotted a divergence using both price action and the "relative strength index" as marked on the chart. Anticipating Gold to drop but being weary of stop hunts.

realkayem

Price is in an overall down trend on the 4H and has broken a key zone around 1.05952 so I will be looking for a retest on that zone with a confirmation to sell to next key zone around 1.04900

realkayem

GBPUSD after hitting a low of 1.4500, creates a higher low at around 1.15448 which may indicate a trend change. My take profit is set just before a previous high of 1.19000 and stop loss at the bottom of previous candle.