Gold is in 1450 - 1515 range,
after 4 weeks of testing the support line it looks that is going into the 1515 direction,
stoch RSI is very low on weekly, (GOOD signal for buy position)
MACD going less bearish, (GOOD signal for buy position)
also price is supported by 22 EMA (orange line)
Also there is a little resistance in the 1480 level (on daily chart). ((BAD signal for buy position))
Let's see how gold opens on monday
Push like if this idea useful to you!
Before to trade my ideas make your own analysis.
after 4 weeks of testing the support line it looks that is going into the 1515 direction,
stoch RSI is very low on weekly, (GOOD signal for buy position)
MACD going less bearish, (GOOD signal for buy position)
also price is supported by 22 EMA (orange line)
Also there is a little resistance in the 1480 level (on daily chart). ((BAD signal for buy position))
Let's see how gold opens on monday
Push like if this idea useful to you!
Before to trade my ideas make your own analysis.