Xauusd short position

Gold is about to drop for the up coming year 2023 as price showed divergence on the RSI at 14 , on my chart I've also seen a rising wedge where the sellers ard clinging the direction to the downside this indicates a reversal also price has to break a double bottom to confirm the sell.
This trade offers a 1:8 ratio. Happy trading folks!
Beyond Technical AnalysisTrend Analysis

Disclaimer