XAUUSD Has A Big Potential to Short on Monday! TF:15M

Why short?

First, the uptrend on the higher timeframe (4h-1d) has showing a weakness by breaking a previous higher low.

Second, the price now has reached the strong supply zone from a CHoCH (Change of Character) structure.

Third, There is an imbalance of a candlestick at price 1785.07-1786.10 on 4H timeframe that must to be filled.

Fourth, RSI on the high point.

Fifth, Got a bearish RSI divergence from a previous higher low.

These five reasons is enough for me to execute.


Thank me later and always #DYOR (Do Your Own Research) :)