Goldview MA5 action

MA5 moving average is a strong indicator on the 1H gold chart. When MA5 crosses a support or resistance line and leaves open gap to the next SUPPORT or RESISTANCE line, it usually hits it. Using a tight stop when MA5 turns allows daily entry and exits.
breakouttradingGoldTechnical IndicatorsMA5movingTechnical AnalysisTrend Analysis

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