XAUUSD Buy Signal

Pattern: Channel Up on 4H.

Signal: Buy as the price hit both the 4H MA50 and the Higher Low trend-line of the Channel Up and the RSI its Buy Zone. However the MACD has a gap, which could lead lower so reserve a buy for the 4H MA200 as well.

Target: 1990 (right below the September 01 High and the inner Higher High trend-line).


Previous Gold signal:




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