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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