If it crosses red line itll signal downward momentum.
Probably will bounce on the 50% or 61% fib levels as the 200 moving day average is located at the same place.
Recent golden cross. Bullish scenario if it bounces on red line and break out of gold trend
Probably will bounce on the 50% or 61% fib levels as the 200 moving day average is located at the same place.
Recent golden cross. Bullish scenario if it bounces on red line and break out of gold trend