Bullish Gold (XAUUSD)

47
The following are my reasons to buy:

* Bull Trend;
* Price is seating at a strong support between 2.882,46 - 2,890 levels following with wick rejections on H4;
* Price is above 50 on RSI;
* On the LTF (30min) the price crossed up on MACD ;
* USA yields are pushing lower, since Gold is a safe heaven, it will tend to go up.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.