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FXKillA

XAUUSD (HIGH PROBABILITY BUY SETUP SOON)

Long
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
FXKillA  
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Oscillators Supply and Demand Moving Averages xausd xauusdlong xauusdanalysis xauusdbuy xauusdsignal xauusdforecast xauusdidea xauusd4h xauusdsetup
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oscillator supplyanddemand movingaverage xausd xauusdlong xauusdanalysis xauusdbuy xauusdsignal xauusdforecast xauusdidea xauusd4h xauusdsetup
On Tuesday, Gold was about flat to $1711.3, the yellow precious metal was below its 20D MA (@ $1770) & below its 50D MA (@1813), the 14d RSI below (26.18) indicates gold was over sold, while the precious metal has been consolidating for the past few days despite the fact we have seen weakness in the dollar index.
Here we can see clearly the latest news for Gold, & we can see clearly the RSI is showing us a clear DIVERGENCE on the H4 time frame, which is showing us clearly the HIGH PROBABILITY BUY SETUP soon with XAUUSD,
Keep a close eye on Gold worlds number 1 precious yellow metal, Happy PIP hunting traders.
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