FXPhantom
Long

Going long Gold on price/momentum divergence at support level

FX:XAUUSD   Gold Spot / U.S. Dollar
1. Divergence present (momentum/price)
2. Price at support level
3. Missed daily pivot above

Go long targeting missed daily pivot around 1135, SL goes below 1120.
It looks like momentum was under the previous correction low from 10 bars ago? Hence, no divergence?
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FXPhantom timwest
The candles in the area where I put the red line were in downward direction whilst the momentum was rising - this is a kind of divergence, isn't it?
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This one stopped out quickly. It was good idea to set tight stop loss.
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