ZahariKrumov

XAU USD full review

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Ok, so I expected the bullish move due to the breakout of the cup+handle pattern, but it went a bit out of control - should've stopped earlier, but again, banks got to make a living. Personally I have placed a trade with 100 pips stop loss for 900 pips profit, but will see how it goes.
RSI is way overbought on hourly, 4h and daily.
Williams is indicating overbought situation as well.
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