$XAU Gold (XAUUSDT): rebound or hard trap? ⚡️
We have just been ridd on a roller coaster: a sharp strait to the bottom of $3,979.21 - and an instant redemption. A classic to shave weak hands and knock out extra shoulders. Now the gold is confidently holding at the level of $4,020.83, and the plot is heating up.
What about the technique right now:
🟢 Candles: turn green powerfully, bulls seize the initiative in their hands.
📈 MA: the sliding ones begin to turn around and pull the chart up.
⚡️ RSI: cheerfully emerved out of the oversold zone and entrenched himself in the neutral (~48-68).
Drive appeared, but it's too early to lose your head. The question is: is this a full-fledged trend reversal or a beautiful pen in the long before a new assault of the bottom?
We have just been ridd on a roller coaster: a sharp strait to the bottom of $3,979.21 - and an instant redemption. A classic to shave weak hands and knock out extra shoulders. Now the gold is confidently holding at the level of $4,020.83, and the plot is heating up.
What about the technique right now:
🟢 Candles: turn green powerfully, bulls seize the initiative in their hands.
📈 MA: the sliding ones begin to turn around and pull the chart up.
⚡️ RSI: cheerfully emerved out of the oversold zone and entrenched himself in the neutral (~48-68).
Drive appeared, but it's too early to lose your head. The question is: is this a full-fledged trend reversal or a beautiful pen in the long before a new assault of the bottom?