1-hour chart;
Gold is still bullish (as what is shown in the 1-hour chart).
The MACD-Histogram is attempting to cross-over to the upside.
The Traditional-MACD had a powerful bullish move from the lows, now there are no signs of any red bars yet... (The bullishness is looking strong right now - Not a good idea to think of Shorting yet...)
Best regards.
Gold is still bullish (as what is shown in the 1-hour chart).
The MACD-Histogram is attempting to cross-over to the upside.
The Traditional-MACD had a powerful bullish move from the lows, now there are no signs of any red bars yet... (The bullishness is looking strong right now - Not a good idea to think of Shorting yet...)
Best regards.
