The 50MA just crossed the 200MA last time this happened was 16th Jan 2019 when GOLD went Bullish.
We need to see a break of the current support level, a retest of this then displaying resistance properties after which we can expect continued Bearish action, and entry for SHORT.
We need to see a break of the current support level, a retest of this then displaying resistance properties after which we can expect continued Bearish action, and entry for SHORT.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.