Gold / XAUUSD has started the new bullish leg of the 8 month Channel Up, as it is about to complete three straight green weeks. This hasn't been done since March 13th.
The 1day RSI just crossed over the MA trendline, a strong bullish signal as well.
Both previous Bullish Legs of the Channel Up rose by at least +13.50%, so use that as the standard technical target.
Buy and target 2150.
Follow us, like the idea and leave a comment below!!
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.