Over brought Zone ....RSI divergence..Breaking previous DayHigh

29 בנוב׳ 2023

XAU USD will be bearish until it hits the trendline(2018-2020) where it makes 61.8% retracement in 4 Hr TF. Also RSI divergence + Breaking of previous + Volume profile shows the bearish nature of XAUUSD. Hammer formation in 15 Min TF adds one more confirmation.