Gold Spot / U.S. Dollar
Long
Updated

Multiple bullish signs on GOLD

bullish signs:

-break of the trendline
-leg up then pennant in smaller TF
-double bottom and stagnating at the neckline
-emas crossed bullish

wait for the breakout of the pennant in lower TF before enter
Note
we got a nice bearish setup on USDJPY and gold shows a lot of bullish signs so why not taking both (taking in account that they are negatively correlated)
Note
daily stochastic

snapshot

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