XAUUSD - GOLD Long/Buy Idea

XAUUSD - GOLD Long/Buy Idea

waiting for a momentum candle close above 1510.0 to buy this one

Reason:
1- Regular Bullish Divergence on MACD
2- Channel Rejection from H4 (in green) - Trend-following setup
3- Descending Triangle Pattern (in blue)

Three confluences are enough to consider Buying XAUUSD - GOLD, after a break above 1510.0 (in gray)
Beyond Technical AnalysisChart PatternsconfluenceDescending TriangleDivergenceGoldParallel ChannelrejectionTrend AnalysisXAUUSD

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