Fxprotrader
Long

Gold: Buy Opportunity Ahead

FX:XAUUSD   Gold/U.S. Dollar
657 5 16
Price has broken above the consolidation it was moving and it's on its way up. Most likely we may have a pullback before price continues it's rally. i will wait for price to reach the lower parallel of the median line where i will watch for a buy setup to complete and buy gold             . In the lower timeframes we see a big MACD bullidh divergence, a good sign for the upcoming upmove.

4H chart divergence:
snapshot
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FaisalMahboobe3
4 months ago
Also a nice cup pattern on the daily!
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Fxprotrader PRO FaisalMahboobe3
4 months ago
Thanks for sharing :)
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TPparadigma
4 months ago
Let's visit 1238, and start buying from there!
Good Luck
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Fxprotrader PRO TPparadigma
4 months ago
Thank you :)
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tomj2417 PRO
3 months ago
wow. bounced straight off that median line at 1336 before heading straight down....
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