XAUUSD Ichimoku supported within the Triangle.

Gold (XAUUSD) is trading around the 1D MA50 (blue trend-line) after a Lower Highs trend-line at the top of 2-month Triangle. The MACD on the 1D time-frame has formed a Bullish Cross and as the green Ichimoku Cloud turned green, it waves a buy signal. Every time the Ichimoku turned green since July, Gold flashed a buy signal. As a result we expect one more rise towards at least the Lower Highs trend-line. Our target is 1943.

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