XAUUSD - Silver US Dollar - Continuing in Bullish trend
Once price chart retraces, take entry at 0.38 Fib level. Keeping S/L at previous HL and T/P at 1% Risk/Reward.
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Keep it in mind that RSI indicator was showing its value above 70 ; however, once it drops below 70 then Both Price Trend Line and RSI trend lines are in same direction which are giving me impression that, after expected Price chart re-trace to Fib .38, it will bounce back to continue its overall Bullish trend.