XAUUSD Entered the 4H Support Zone – Buy Signal

 

Pattern: Consolidation within the 4H MA200 (orange trend-line) and the 1,815 – 1,820 Support Zone.

Signal: Buy as long as the Support Zone holds. If broken keep in mind that the 1W MA50 (ultimate yearly Support) is at 1,795.

Target: the 4H MA200 and if we get a daily close above it, then the Symmetrical Resistance Zone.

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Tradingview link:

https://www.tradingview.com/chart/XAUUSD/ek1wQklH-XAUUSD-Entered-the-4H-Support-Zone-Buy-Signal



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