The XAUUSD 60m diagram for technical analysis, shows the following:
There is a smooth uptrend channel where XAUUSD consolidates over and now under the KUMO for almost two days.
The MACD and RSI has recently give a bull sign. The price is above the EMA 200.
I think that anyone could take a clear position only under (short) or above (long) the KUMO or even better under or above the channel.
There is a smooth uptrend channel where XAUUSD consolidates over and now under the KUMO for almost two days.
The MACD and RSI has recently give a bull sign. The price is above the EMA 200.
I think that anyone could take a clear position only under (short) or above (long) the KUMO or even better under or above the channel.
