XAUUSD - GOLD Long/Buy Idea
waiting for a momentum candle close above 1501.0 to buy this one
Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Channel Rejection from H4 (in green) - Trend-following setup
3- Inverse Head and Shoulders Pattern (in orange)
4- Wedge Pattern (in blue)
Three confluences are enough to consider Buying XAUUSD - GOLD , after a break above 1501.0 (in gray)
waiting for a momentum candle close above 1501.0 to buy this one
Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Channel Rejection from H4 (in green) - Trend-following setup
3- Inverse Head and Shoulders Pattern (in orange)
4- Wedge Pattern (in blue)
Three confluences are enough to consider Buying XAUUSD - GOLD , after a break above 1501.0 (in gray)
This analysis is done using RichTL
www.RichTL.com
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Buy CRGPT on Uniswap
cutt.ly/CRGPT