Gold been trending up nicely, respecting the TL and the 4H 20 MA. Price hit major resistance one time and got rejected, and bouncing up back from the TL now. We may see a double top scenario and have a opportunity to short for that reason.
Trade ist aktiv:
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Possibility of the double and divergence top is ongoing, look for the close of this 4H candle if it close as it is now or more down.
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Two levels to watch:
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Gold giving it a fight!
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One clear, two left. Which one is next to join?
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Gold is struggling to makes new highs, and we still have bearish divergence:
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When you wait and get the reward :)