Gold D1 analysis
Updated
Clues
Price has entered previous demand zone
RSI is overbought and showing bearish divergence
Set-up
Waiting for Candle Break Retest (CBR) set-up
Take profit
Fib .5
Fib .786
Invalidation
Daily close above 1358 will invalidate the idea
Price has entered previous demand zone
RSI is overbought and showing bearish divergence
Set-up
Waiting for Candle Break Retest (CBR) set-up
Take profit
Fib .5
Fib .786
Invalidation
Daily close above 1358 will invalidate the idea
Trade active
Candle break retest completed.
Entered @ Fib .786
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