Gold respecting the 8h VWMA
Price frequently pulls back to or near the VWMA before bouncing upward, suggesting traders are using it as a reference for entry during dips.
The weekly candles are bullish, with the price breaking above their highs. This confirms a bullish breakout on the higher timeframe.
The weekly candles are bullish, with the price breaking above their highs. This confirms a bullish breakout on the higher timeframe.
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