latribudestraders

GOLD (XAUUSD) - Interesting zone for short (with confirmation)

Short
latribudestraders Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello,
The GOLD is now on an interesting selling zone (Fibonnacci, previous low, still going down for now).
We also have a hidden divergence on the stochastic so one more confluence for potential short.
If we have a clear rejection of this level and a short confirmation, I will look for a sell until the previous low.
Trade active:
I entered short position after the M5 ascending channel broke with a bearish divergence.
SL: 1842.91
TP: 1817.57
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