XAUUSD Golden Cross (1h) signals the start of the new uptrend.

19 בנוב׳

Gold is abour to form a Golden Cross on the (1h) timeframe.
The most recent such patterns initiated and sustainted a rally over the MA200 (1h) that extended to the 3.618 Fibonacci level.
This is a strong buy opportunity.

Trading Plan:
1. Buy when the Golden Cross (1h) is formed.

Targets:
1. 2825 (the 3.618 Fibonacci extension).

Tips:
1. The RSI (1d) is on its way to a massive Bullish Cross under the 0.000 level. This is an additional strong buy signal, even for the longer term.

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