GOLD- STRONG DAILY SUPPORT + H1 DIVERGENCE

Dailly time frame : Price is re-testing strong suport area (neckline of multi bottom breakout became support). We are expected rejection from here.

H1 time frame :
- AO divergenece: Price is making lower lower while AO is making higher low => Divergenc => Seller is geeting weaker.

JUST REMEMBER TO MANAGE YOUR CAPITAL WHILE TRADING. NO MATTER HOW PERFECT YOUR TRADING SYSTEM IS, THE WAY YOU MANAGE YOUR RISK IS THE KEY TO BE A CONSISTENT TRADER.

XAUUSD XAUUSD

Trade attivo:

Price spike down due to New then go up as expected.