XAUUSD Buy Signal

1 970
Pattern: Rebound on the 4H RSI Support, and MACD Bullish Cross.

Signal: Buy as the price seems to be repeating the early December 2020 fractal, as it made its first stop on the 4H MA50 (blue trend-line).

Target: 1,865 (the 4H MA200) and 1,960 (the Monthly Resistance) in extension.


Recent Gold idea on the importance of the 1W MA50 on this Cyclical Bullish Trend:

GOLD is at the start of a decade long Bull Cycle




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