On the 1-hour XAUUSD chart, a divergence pattern has emerged indicating a likely bullish trend reversal. Our trading strategy involves waiting for confirmation through a breakout above the recent higher low (HL) before entering a long position.
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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.