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XAUUSD Finding a Support on the 1D MA50

Gold has held its 1D candle closings on the 1D MA50 (blue trend-line) for 2 straight sessions and to...

November 25, 2021


Gold has held its 1D candle closings on the 1D MA50 (blue trend-line) for 2 straight sessions and today despite the low volume (due to the Thanksgiving holiday), is attempting to print its first green 1D candle since November 17. As you see this is right on the Higher Lows trend-line of the Bullish Megaphone, slightly above the bottom trend-line of the Channel Up...

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