This is my second long trade and second divergence that appeared lately on CCI indicator.
Apart from the divergence XAUUSD is now at the bottom of two regression channels
1. from recent major hight
2. and major low.
It looks to me like a good spot for the long trade.
Tight stops is esential below 1240,
Apart from the divergence XAUUSD is now at the bottom of two regression channels
1. from recent major hight
2. and major low.
It looks to me like a good spot for the long trade.
Tight stops is esential below 1240,