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Sell XAUUSD at current price (2040)

Short
Gold Spot / U.S. Dollar (PEPPERSTONE:XAUUSD)  
VNSmartMoney Updated   
PEPPERSTONE:XAUUSD   Gold Spot / U.S. Dollar
Supply and Demand Fibonacci Candlestick Analysis XAUUSD xauusdshort xauusdanalysis xauusdsignal Forex forexsignals Fibonacci Retracement Pin Bar Contains image
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supplyanddemand fibonacci candlestick xauusd xauusdshort xauusdanalysis xauusdsignal forex forexsignals fibonacciretracement pinbar containsimage
XAUUSD (H4) Weak RSI divergence appears combined with a bearish Pinbar candlestick reversal.
We can execute a Sell order at the current price (2040) With trading plan:

Stop loss at 2048
TP 1 at 2030
TP 2 at 2020 : Fibonacci Retracement (0.382)
TP3 at 2001 : Fibonacci Retracement (0.618)
TP4 at 1990 : Fibonacci Retracement (0.786)
Weak divergence of RSI


Note: Capital management 2%
Comment:
TP 1 get. Raise your stop loss to positive and make sure you don't lose capital!
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Trade closed: stop reached:
Get BE
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