XAUUSD - GOLD Long/Buy Idea

XAUUSD - GOLD Long/Buy Idea

waiting for a momentum candle close above 1501.0 to buy this one

Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Channel Rejection from H4 (in green) - Trend-following setup
3- Inverse Head and Shoulders Pattern (in orange)
4- Wedge Pattern (in blue)

Three confluences are enough to consider Buying XAUUSD - GOLD , after a break above 1501.0 (in gray)