OANDA:XAUUSD   Gold Spot / U.S. Dollar
Last time the Gold bounced off the 200 EMA was in March 2020, this is the second bounce off the 200 EMA (between end of November and beginning of December. Looking for a touch back on the support area to Buy, or the candle closes above the 50 EMA. Its breaking out of the channel to the upside.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.