DLavrov
Long

Gold and Bullish Divergence

FX:XAUUSD   Gold Spot / U.S. Dollar
Price formed bullish divergence with MACD histogram and RSI . It's a good signal for possible trend reversal. DMI allows open long trades because of falling ADX line. Also we have support zone between 1210 and 1200. Entry level is above 1230 with stop below 1200. Profit target can be near Moving Average with period 100.
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