XAUUSD Close to a Golden Cross. Next Targets: 1810, 1820

 

Pattern: Bullish Megaphone on 4H.

Signal: Buy as the price rebounded after breaking just below the 4H MA50 (blue trend-line), in similar way as the August – September Bullish Megaphone. We are now on the second red arrow leg.

Target: 1810 and 1820 in extension (symmetrical levels from Aug-Sep).

Tradingview  link:

https://www.tradingview.com/chart/XAUUSD/H8W2ZvG9-XAUUSD-Close-to-a-Golden-Cross-Next-Targets-1810-1820



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