Investors-Lord

Gold has a strong signal, you can go long in 1945

Long
Investors-Lord Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar


Gold was obviously strong overnight. The big positive line erected to stop the decline. This was the big positive line at the bottom, and two consecutive big positive lines directly stood on a new level, covering the range of the negative line. This is strong. At the same time, the 50 moving average showed obvious It has moved upward, and the bulls have made a strong counterattack. We follow the trend of the market and make many adjustments.

The golden hour line is also in the form of a double bottom, which can also be said to be a W bottom form. The K line also starts from below the 50 moving average, and breaks out of the suppression of the moving average. It is currently rising on the 50 moving average, and the 50 moving average is moving downwards. The pause button is on. It is obviously turning upward. The K-line takes off with the moving average. The bullish view of 1944 is already long.
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