The XAUUSD pair (15m) reacted from $1310.66 towards to KUMO. Now it tries to get above it and stabilize there while all the indicators are bullish (MACD, RSI 15m). The pair consolidates into a symmetrical triangle.
The price is above EMA200 (15m) & KUMO.
I have nothing to say about the trend because I wait to breach the triangle one or another way today or tomorrow the latest.
But I think long.... to continue the uptrend. I will take a look at 1H diagram now and I will publish it ASAP.
The price is above EMA200 (15m) & KUMO.
I have nothing to say about the trend because I wait to breach the triangle one or another way today or tomorrow the latest.
But I think long.... to continue the uptrend. I will take a look at 1H diagram now and I will publish it ASAP.