Gold has made great progress since bottoming out at 1620. However the party is about to end for the bling lovers.
1) There is a double top on H4 against strong resistance at 1730 - 1740.
2) M15 pattern to sell
3) RSI divergence in M15 as well.
Expecting a drop to about 1670 which would be a neat trade with a good R:R.
1) There is a double top on H4 against strong resistance at 1730 - 1740.
2) M15 pattern to sell
3) RSI divergence in M15 as well.
Expecting a drop to about 1670 which would be a neat trade with a good R:R.
