XAUUSD should go up in a long term way. WHY?
-RSI shows that this pair is oversold because the oscillator is between the 30 and the 20 level.
-MACD shows that this pair will be in a reversal situation soon because we can see 3 cross-over in this indicator.
-Fibonacci: The 0.00 fib level is hit now we will see gold go up until the 0.5 fib level (strong resistance).
-RSI shows that this pair is oversold because the oscillator is between the 30 and the 20 level.
-MACD shows that this pair will be in a reversal situation soon because we can see 3 cross-over in this indicator.
-Fibonacci: The 0.00 fib level is hit now we will see gold go up until the 0.5 fib level (strong resistance).