XAUUSD - 1h - Bearish Divergence - Fibonaaci
In this chart I spot a Bearish Divergence in which RSI momentum going down and price go up.
it will be a sign of last bullish High and will go down and trend moves towards Distribution phase and then down trend/bearish.
In this zone we avoid trade until we spot a clear indication of trend
SO DONOT TRADE
it will be a sign of last bullish High and will go down and trend moves towards Distribution phase and then down trend/bearish.
In this zone we avoid trade until we spot a clear indication of trend
SO DONOT TRADE
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