- May 3, 2023
- Posted by: Tradingshot Articles
- Category: Commodities
Our Gold (XAUUSD) outlook is intact since last week’s buy signal after the closing above the 4H MA50:
Our target remains 2070 which is the top (Higher Highs trend-line) of the medium-term Channel Up pattern. Every pull-back to the 4H MA50 (blue trend-line) is a buy opportunity.