gold trade GC1
Updated
price tried to break above1680 but price failed twice on 30min timeframe
and we can see double top rejection or M pattern
after higher low price formed ascending channel and there is a bearish divergence in rsi
we can trade R:R by 1:1.5
entry 1668 sl 1672 tr 1661
and we can see double top rejection or M pattern
after higher low price formed ascending channel and there is a bearish divergence in rsi
we can trade R:R by 1:1.5
entry 1668 sl 1672 tr 1661
Trade closed: stop reached
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