Trading signal for Gold (XAU/USD) for March 24 – 25, 2022: buy above $1,945 (7/8 Murray – symmetrical triangle)

Early in the American session, gold is trading around $1,946 with a positive bias. According to the 4-hour chart, gold is above the 21 SMA (1,931) and above the 200 EMA located at $1,916. Yesterday, gold broke sharply through the symmetrical triangle pattern and now the short-term target is to reach the zone of $1,975 […]