Foram_C

High probability of Gold inching higher

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar

Gold set to move past 1370. Break above 1370 will imply breakout from a large trading range.


High probabilty of a breakout as OBV has already formed a fresh high


Fresh positive MACD crossover on Weekly Charts; Daily MACD remains in continuing buy mode


RSI is seen forming higher bottoms and is seen breaking out of a formation and inching higher.
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