XAUUSD - Sell - Conservative Strategy

Updated
1. Trend is Bearish on H1 and H4
2. Entering Resistance zone
3. Fibo retraced to 0.618 and going to 0.5
4. RSI is oversold and might formed a divergence
5. Good risk to reward 1:2 ratio
Trade closed: target reached
Technical IndicatorsTrend Analysis

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