[XAUUSD, 2/5/2019] Bearish divergence in D1 has formed. SELL!

By zuoertai
Updated
In D1 chart, we can see a clear bearish divergence by both MACD and RSI has formed. Since the last two days gold price has been dropping, it is confirmed that this divergence works.

In H1 chart, if 1315-1316 holds as resistance, we can open short positions.
Trade active
Opened short at 1315.
Chart PatternsTechnical IndicatorsTrend AnalysisXAUUSD

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