XAUUSD: 4H Resistance break-out. Bullish.
Gold respected the 1D Support Zone (1,276.50 - 1,281) last week which cause a strong rebound at 1,281. After breaking the 1,300.50 4H Resistance, 4H has turned into a strong buy again (RSI = 64.279, Highs/Lows = 8.0379, ADX = 27.299) while 1D turned neutral (RSI = 52.247) potentially aiming at the 1,324.45 - 1,326.20 1D Resistance Zone. Our TP is 1,325.
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