Gold has been trading this month within a 4H Channel Up (RSI = 49.668, MACD = 3.600, Highs/Lows = -3.3550). Those indicators along with the fact that the price touched the 4H MA50 yesterday and held, make the short term outlook bullish again, even though the Higher Low zone is marginally lower. Our TP is 1,570, with the next possible Higher High projected to be around 1,580.
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Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.