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Gold Spot / U.S. Dollar
Long

High probability of Gold inching higher

By Foram_C
Gold set to move past 1370. Break above 1370 will imply breakout from a large trading range.
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*High probabilty of a breakout as OBV has already formed a fresh high
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*Fresh positive MACD crossover on Weekly Charts; Daily MACD remains in continuing buy mode
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*RSI is seen forming higher bottoms and is seen breaking out of a formation and inching higher.
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Chart PatternsGoldTechnical IndicatorsTrend AnalysisXAUUSD
Foram_C

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