Gold 1 Day - Bearish Divergence and Rising Wedge

Hello , I will write a little thought about gold)

The price moves in the ascending channel, when it is broken through, you can open a deal for lowering, so it will be more correct according to the Technical analysis.

But I see a big overheated and a triple bear divergence.

For this I try to sell at the level of 1680-1720

Stop Loss 1740

Goals 1575
1545
1515

Ratios Risk Profit 2.9


This is just my opinion, and is not a call to action)
Looks good? Leave a like, share and leave a comment.
Thanks for visiting.

Сделка активна:

first take 1575 - done

Сделка закрыта: достигнута тейк-профит цена:

2 -targets done /
next change to 1525 /
stop in profit /