1-hour chart;
Gold is still bullish (as what is shown in the 1-hour chart).
The MACD-Histogram is attempting to cross-over to the upside.
The Traditional-MACD had a powerful bullish move from the lows, now there are no signs of any red bars yet... (The bullishness is looking strong right now - Not a good idea to think of Shorting yet...)
Best regards.
Gold is still bullish (as what is shown in the 1-hour chart).
The MACD-Histogram is attempting to cross-over to the upside.
The Traditional-MACD had a powerful bullish move from the lows, now there are no signs of any red bars yet... (The bullishness is looking strong right now - Not a good idea to think of Shorting yet...)
Best regards.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.