XAUUSD Every time it breaks the 1W MA50, the MA100 follows.Spot GoldTRADENATION:XAUUSDTradingShotGold (XAUUSD) broke last week below its 1W MA50 (blue trend-line) for the first time in more than 2.5 years (since October 09 2023) and even managed to close the 1 candle below it. This is far from encouraging for buyers as historically and especially since the more recent 2020-2022 Bear Cycle, every time Gold broke below its 1W MA50 it didn't stop there but declined more to test its 1W MA100 (green trend-line). With regards to the February 01 2021 1W MA50 break (which was the first break-out after a strong multi-month rally), Gold approached its 1W MA100 on the -0.236 Fibonacci extension. That is currently at $3800, which would be an ideal 1W MA100 test and remains our long-term Target for Gold's current Bear Cycle. If however the 1W RSI enters its 5-year Support Zone, Gold turns into a long-term buy regardless of the price. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇