There seems to be a high number of Trading View members posting XAUUSD short ideas, which in my view probably means that the trend will keep on pushing up popping all these guys stop losses.
No doubt about it, this trend is getting very long in the tooth by now, but I don't see any short signals on any of the HTF charts, and a setup is a setup.
Here we have:
Hidden Divergence
RSI Trendline Break
with Entry level on potential Harmonic Cypher.
Should the RSI resistance level be breached, then I would consider scrapping the Cypher idea and hunting a more aggressive entry....i.e. 50% Swing retrace, etc.
No doubt about it, this trend is getting very long in the tooth by now, but I don't see any short signals on any of the HTF charts, and a setup is a setup.
Here we have:
Hidden Divergence
RSI Trendline Break
with Entry level on potential Harmonic Cypher.
Should the RSI resistance level be breached, then I would consider scrapping the Cypher idea and hunting a more aggressive entry....i.e. 50% Swing retrace, etc.