GOLD - 50/100 EMA Bullish crossover + 200 EMA break, go long!
- Golds 50 and 100 EMA (Exponential moving average) have recently crossed over each other (bullish crossover) signalling
gold is now in a Bull trend
- Also broken above the 200 EMA and 1213 short term resistance, further signalling a bullish trend
- Would need to see the 50/100 EMA recross eachother, as well as a break back below the 200 EMA (Bearish crossover) to start going short again
THIS IS NOT TRADE ADVICE NOR A TRADE CALL
gold is now in a Bull trend
- Also broken above the 200 EMA and 1213 short term resistance, further signalling a bullish trend
- Would need to see the 50/100 EMA recross eachother, as well as a break back below the 200 EMA (Bearish crossover) to start going short again
THIS IS NOT TRADE ADVICE NOR A TRADE CALL
Note
Price breaking higher again, currently at ~ 1219Note
BINGO!
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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.
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.