nero243

Short analysis on XAUUSD

Short
nero243 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
- Bearish Butterfly
- overbought (out of Bollinger bands)
- RSI bearish divergence
- entry at AB=CD (ext 12.7)
- close to a quarter point

for a safe entry, wait for a nice bearish formation (double top, head and shoulders, ...)


3 different TP.
Comment:
take partial profit here. possible pullback
Trade closed manually
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