XAUUSD
Gold looks to be ready for a breakout and month of March seems to be key for its long term direction.
It has cleanly bounced of its 21-period moving average over the same timeframe, and
It is bouncing of 50% retracement of Fibonacci pattern building from the low of Jul-18 to high of Jan-22
Lastly, there is a potential for inverse H&S on the weekly in-play
Gold looks to be ready for a breakout and month of March seems to be key for its long term direction.
It has cleanly bounced of its 21-period moving average over the same timeframe, and
It is bouncing of 50% retracement of Fibonacci pattern building from the low of Jul-18 to high of Jan-22
Lastly, there is a potential for inverse H&S on the weekly in-play