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XAUUSD: Buy signal if the price breaks over this Resistance.

Long
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
InvestingScope  
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Gold XAUUSD goldfutures Metals Commodities goldtrading trading xauusdtrading
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trendanalysis chartpattern indicator gold xauusd goldfutures metals commodities goldtrading trading xauusdtrading
Gold turned bullish again on the 4H timeframe (RSI = 63.771, MACD = -1.560, ADX = 40.595) after crossing today over the two week Channel Down and naturally the 4H MA50 and MA200 periods. Following the 4H MACD Bullish Cross, this rally can extend to at least R2 and that's our bullish target (TP = 1,953). The entry signal will be closing over R1.

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