Gold Bullish Divergence
Price reached the support level and bounced. RSI confirms price reversal and MACD forms bullish divergence. We have a signal for opening long trades. Entry level is above 1316.50. Place a stop order below the support level and take profit orders near MA50 and MA100.
Nota
Price broke the support level. The long trade was not opened. We'll have to wait for a new signal.
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