FX:XAUUSD   Gold Spot / U.S. Dollar
We see a golden cross about a month ago and recently the 9ema x the 50 sma, in addition to the 20 ema crossing the 50 sma.

With all the MAs in order and the ADX signalling a strong trend (38) we see a series of bullish pennants each breaking out to approximately the range of the "flag pole" , as they should. (5.77% .5.46%)

Looking for the pattern to continue with the current bullish pennant breaking out to approximately 2170 in the near term, which would be an all time high.


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