XAU/EUR Trading Analysis (05/06/2024)
Bears have tested the support level of 2129.50. The downward wave structure is truncated. There is the bullish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator are out of the oversold zone. The sloping channel of the downward wave structure is breached.
Trading idea:
Buy when the formation …