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TradingShot
Jan 6, 2021 4:17 PM

XAUUSD Buy Signal Long

FX_IDC:XAUUSD240
GOLD / U.S. DOLLARICE

Description

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Pattern: Channel Up on 4H.

Signal: Buy as the price hit both the 4H MA50 and the Higher Low trend-line of the Channel Up and the RSI its Buy Zone. However the MACD has a gap, which could lead lower so reserve a buy for the 4H MA200 as well.

Target: 1990 (right below the September 01 High and the inner Higher High trend-line).


Previous Gold signal:





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Trend AnalysisHarmonic PatternsChart PatternsGoldXAUUSDsignalsgoldsignalsxauusdsignalsCommoditiesMetalscommoditysignals
Comments
Yuriy_Bishko
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sammc247
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Is this ticker on RH? I cant get it to come up
anand1988
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hi there, i couldnt understand about the MACD Gap, like i never heard that before
" However the MACD has a gap, which could lead lower "
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