xauusd continues to downward movement
Updated
hello guys...
it is a high probability that xauusd will form a three-drive pattern to the green area.
but besides this probability, this commodity broke down ascending channel and it will continue a bearish trend as well.
don't let divergence in the rsi indicator tricks you, it is so common if divergence happens 3-5 times!
two places that I show on the chart are so perfect for getting short positions until reach the green area!
for a higher time frame reference look at this analysis:
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always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Trade closed: target reached
👉 my broker:: bit.ly/HYMCMELI
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👉 my exchange: bit.ly/LbankMeli
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👉 my Autotarder: bit.ly/btse
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telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
____
👉 my exchange: bit.ly/LbankMeli
____
👉 my Autotarder: bit.ly/btse
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
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