Gold: Clean buy cross on 8h fractal oscillator

Gold could go a bit lower but shows clean oversold upcross on 8h oscillator. 16h oscillator about to upcross as well without reaching fully oversold.

Fractal composite ribbons are turning up from downtrend, preparing for divergent higher lows?

Yorum:

The expected up move activated today I still expect a few points higher toward 1230 before correcting about half of the move back to 1210-1215.