Gold
XAUUSDThere are two possibilities
- It is the trade goes long due to the 50MA and 200MA Cross over (Or some news)
- The trade goes short because it tries to avoid the MA (Or some news)
How ever I made the analysis because its been a while since I did any TA at all
I am not a by any means a professional trader this account is only for my enjoyment. Any trades you take are not my responsibility and yours alone.
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.