Gold is in a Range on 1 H

Gold is in a range and the macd will help us know what direction price may be heading.

Kommentera:

Gold did break below lowest trend line and reached our TP of 1235.70. Macd did cross below red line and 0 level line. Then the market moved the price back into the triangle and break above the top trend line and hot our TP at 1243.91. Macd crossed back above the 0 line and above the red line.