Gold has been holding onto its gains as a new week kicks off. A bullish scenario is emerging in the short term, providing an opportunity. XAUUSD Forecast
shows the exponential moving averages crossed to the upside, albeit penalized by positioning below the zero level of the indicator., with a primaryThe short-term bullish scenario poses – graphically represented by the MACD indicator structure – and will be cancelled if the 1,836.26 support level is breached at the close of the hourly candle.
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