The Gold chart has confirmed a Golden Cross as the 50 day exponential moving average (ema) have crossed above the 200 days ema.
While this signal doesn't work as well in choppy markets, it does predict some very major moves, which we could be commencing now. However, when multiple indicators and chart patterns all turn very bullish at the same time, it adds confidence that a major move could occur in Gold in 2023.
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