ABRAK75

Negative divergence taking shape on XAUUSD

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
There's currently a potential negative divergence that is appearing on the 30 minute chart, and this seems like the correct timing for an attempt at that short position I talked about yesterday. The stop-loss should be placed just above $1160. If in the next 3 hours prices rally sharply, this will invalidate the divergence and will merit cutting losses without too much pain.
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