KVE

XAU/USD: Daily update

Long
KVE Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
5
Drop paused for now, possible bullish PA if we look at momentum oversold condition...

If we continue down then the 1210 level is a good level to take profit on shorts and think of switching back to longs...
Comment:
Weekly confirms this view, current level at the lower BB, MA below...:
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.