XAUUSD : Channel rejection : Short idea

26 thg 4, 2023

Price rejected from the channel line and 200 MA on 1 hour timeframe. We can see bearish divergences forming on Volume and RSI. If the trend continues with similar volume we could see gold touch trend line resistance at 1980-1979 USD and expect a slight rebound.

8 thg 5, 2023

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