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alijawad7

XAUUSD 1h Timeframe Bullish Divergence

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
alijawad7  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Trend Analysis
2
0
chartpattern trendanalysis
As we can there is clear bullish divergence on 1h time frame.
Now we are going to wait for the instrument to start printing Higher Highs and Higher Lows, and then we can have a long trade setup.
Entry Point: 2016.078
Stop Loss: 1980.389
Take Profit: 2048.595
Risk: 1%
R:R : 1
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