Time to go long on Gold is finally approachingGold vs US DollarPEPPERSTONE:XAUUSDChartinfo1019Hello, this is Chartinfo. I'm writing this today because I feel like the time to go long on Gold is finally approaching. We've broken through the main downtrend line I was watching via time consolidation, and even though market conditions are bad, we're holding the 3900 level low, keeping Dow Theory intact. Now, the last major breakouts I'm keeping an eye on are the 4-hour 240 long-term moving average and the yellow downtrend line. Right now, price is parked just below the 4-hour long-term moving average and moving sideways, but I think it has enough momentum to break through. So, I'm planning to scale in more when we get support at the 4-hour long-term MA, and I'll hedge my position at the yellow trendline. Above all, the reason I'm so encouraged to look for longs is the daily RSI on Gold. Since it bounced above the daily RSI trendline, we can say it's formed an accelerated trendline now. If the long plays out from here, I think it'd be great to see it hold this red trendline as it goes up. Of course, since the market is tough right now and there are war risks, please always manage your risk carefully.