Will it fall?XAUUSD Regular Bearish Divergence

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We can see from the chart that for the XAU the price getting higher while the RSI getting lower. This indicate there will be a reversal trend or correction that might happen soon. so Let see!!

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ملاحظة

If the price follow the black arrow, that's mean the the divergence is not working. If the price goes dont and able to reach the 23% FIB retracement thats mean the bearish divergence is working and there is a possibility the trend will continue its bearish trend to 38% FIB. However, from the previous Bearish divergence 1 and 2 we can see that the divergence will only went down for 31.xx pips. well lets see