Analysis on #Gold

By sinkarami
Price is in a downtrend at Daily and H4 timeframe, we can see lack of bullish momentum as price is having a divergence at H4 and it is rejected from 61.8 level of Fibo.
I'm waiting for a trigger at 30 mins. timeframe to enter a short position as shown in this analysis.
Chart PatternsGoldTechnical IndicatorsTechnical AnalysisTrend AnalysisXAUUSD
sinkarami

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