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XAUUSD Bullish momentum on MA break-out
Gold Spot / U.S. Dollar
Long
XAUUSD Bullish momentum on MA break-out
By TradingShot
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Mar 18, 2021
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Mar 18, 2021
Pattern: Channel Up on 4H.
Signal: Buy as the emergence of this Channel happened while the 4H MA100 (green trend-line) broke for the first time since February 11.
Target: The 1760 Symmetrical Pressure level (former Support, current Resistance) and if you seek more risk, the 4H MA200 (orange trend-line).
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