$XAU : Long position opened on bullish divergence.
XAU is showing a possible mean-reversion scalp after testing the support level 4,330.35 with a clear bullish divergence in the 15m RSI. Price is currently reclaiming the MA7, suggesting a short-term exhaustion of the recent aggressive sell-off.
Entry: 4,318.68 – 4,341.47
Stop Loss: 4,189.12
TP1: 4,538.93
TP2: 4,706.41
Click here to trade 👇
XAU is showing a possible mean-reversion scalp after testing the support level 4,330.35 with a clear bullish divergence in the 15m RSI. Price is currently reclaiming the MA7, suggesting a short-term exhaustion of the recent aggressive sell-off.
Entry: 4,318.68 – 4,341.47
Stop Loss: 4,189.12
TP1: 4,538.93
TP2: 4,706.41
Click here to trade 👇