XAUUSD rebounded over the 4hour MA50 again. Bottom confirmed.
Gold / XAUUSD hit the 1day MA100 and rebounded again over the 4hour MA50. That is the same bottom confirmation signal that the market gave on March 9th.
The 4hour MACD is about to make the 3rd straight Buy Cross on a Rising Support again same as in March.
Buy and target 1985.50 (Resistance A) short term, 2020 (Resistance B) medium term and 2080 long term.
Previous chart:
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The 4hour MACD is about to make the 3rd straight Buy Cross on a Rising Support again same as in March.
Buy and target 1985.50 (Resistance A) short term, 2020 (Resistance B) medium term and 2080 long term.
Previous chart:
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