FxWirePro

Gold:Bullish divergence and 100- W MA

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
14
Pattern formed- Bullish Divergence in MACD (Weekly chart)

Gold breaks major support $1241.50 and declined till $1218 in the previous week. It has closed around $1226.98.

It is good to buy on dips around $1218-$1220 with SL around $1207 for the TP of $1255
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