Gold has a high probability of buying if it rejects support at 1640 and selling if it breaks support
Note
There is divergence on the 30min TF. Although, i am not a stronger believer of divergence, there is a high probability of price breaking back above 1640 price. However, if we see rejection one more time at that price (i.e 1640), take a sell.Note
Wait for retest around 1640 price level before taking a sellNote
Note
Trade Activated
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.