Gold Spot / U.S. Dollar
Long

XAUUSD: 4H Golden Cross since February.

329
Gold is bullish on the 1D technical outlook (RSI = 62.834, MACD = 24.030, ADX = 26.032) and on the 4H formed the first Golden Cross since February 28th. Last time this sparked a very aggressive rise with the 4H supporting. We are targeting the top of the long term Channel Up (TP = 2,500).


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