Dear Traders,

Please see the circle golden color where exactly EMA5 crossing as per our analysis.
We shared 1H time frame 2 days before as per below and all targets being achieved.

BULLISH TARGET
2765

EMA5 CROSS AND LOCK ABOVE 2724 WILL OPEN THE FOLLOWING BULLISH TARGET
2738 DONE

EMA5 CROSS AND LOCK ABOVE 2738 WILL OPEN THE FOLLOWING BULLISH TARGET
2751 DONE

EMA5 CROSS AND LOCK ABOVE 2751 WILL OPEN THE FOLLOWING BULLISH TARGET
2763 DONE

And now wait and watch
EMA5 CROSS AND LOCK ABOVE 2751 WILL OPEN THE FOLLOWING BULLISH TARGET 2765 will be achieved for the second time.

The price fluctuated between 2751.77 and 2763.350, but quickly dropped after the EMA5 crossed below and stayed under TP2 at 2751.77. This suggests a short bearish trend with a potential move down to 2737.500.
The H1 MA21 has been touched, and the EMA5 has crossed below MA21 which caused short bearish momentum.


Chart PatternsGoldgoldanalysisgoldlonggoldpredictiongoldpriceTechnical IndicatorsTrend Analysis

Disclaimer