XPDUSD 4H (17.08.2014) Technical Analysis Training EMA

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This week we will see the EMA (50,100,200) and MACD , RSI for various diagrams.

The XPDUSD 4H technical analysis training diagram shows the following:

XAUUSD reacted from 872.5 (1 of fib) and the EMA 50 last Friday. MACD and RSI are both bullish .

There is a startup of a bull market here. EMA 50 & 100 has crossed the EMA 200 upwards.

The next target is 1.618 of fib (all the correction to 0.5 & 0.382 has been done) at 909.1. Long for it since the 872.5 pull back has been done.
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