XAUUSD: 4H Resistance break-out. Bullish.

FX:XAUUSD   Gold Spot / U.S. Dollar
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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High quality signals ( for live buy/sell opportunities on a variety of financial assets.
Agree. Failed head and shoulders will create a great buy here.
InvestingScope etfsandstuff
@etfsandstuff, Correct. So far it has, it is now a matter of establishing a support.
1330 may be?
@ToeiyGenx, Yes very possible. The long term Resistance Zone is at 1,355 - 1,370.
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