Gold Bearish Divergence

The market reached 1350 which is the level of round numbers and possible reversal zone. Price formed double top and bearish divergence with RSI. Probably we'll see price reversal from the resistance level and down movement. ADX starts falling and we can open short trades. Place a pending order below 1346.50 and stop above the swing high. Profit target is MA50.

Trade chiuso: obiettivo raggiunto