InvestingScope
Long

XAUUSD: Lower Buy opportunity.

FX:XAUUSD   Gold Spot / U.S. Dollar
Gold is currently pulling back after hitting the 1,325 medium term target, naturally seeking a lower price on 4H to accumulate new buyers. 1D is still a strong Channel Up ( RSI = 62.141, MACD = 11.760, Highs/Lows = 7.2179) with 1,297 providing both a Higher Low on 1D and support on 4H. The opportunity to buy is at 1,304. 1,325 can be used again as a short term TP, with 1,340 being the extension.






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