Fxprotrader
Long

Gold: Buy Opportunity Ahead

FX:XAUUSD   Gold / U.S. Dollar
659 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
Also a nice cup pattern on the daily!
Reply
Fxprotrader FaisalMahboobe3
Thanks for sharing :)
Reply
Let's visit 1238, and start buying from there!
Good Luck
Reply
Fxprotrader MetalCruisers
Thank you :)
Reply
wow. bounced straight off that median line at 1336 before heading straight down....
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out