[XAUUSD, 2/5/2019] Bearish divergence in D1 has formed. SELL!
In D1 chart, we can see a clear bearish divergence by both MACD and RSI has formed. Since the last two days gold price has been dropping, it is confirmed that this divergence works.
In H1 chart, if 1315-1316 holds as resistance, we can open short positions.
In H1 chart, if 1315-1316 holds as resistance, we can open short positions.
Trade ativo:
Opened short at 1315.