CitRoN_RouGe
Short

Gold – Time to bet on EMA25 / EMA50 daily cross

FX:XAUUSD   Gold Spot / U.S. Dollar
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48
EMA25 and EMA50 lines touched each other on the daily chart .
Meanwhile Bollinger Band contracted enough for a potential move.
Here I expect a sharp move down to relax the contraction, coupled with EMA25-EMA50 cross.
Below waits EMA200 to be tested again, just underneath 1260 low of 6th October.

Comments

CitRoN_RouGe has one of the best analysis on XAUUSD on tradingview me feels.
+1 Reply
Educative and informative chart..
Awesome
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what a fancy chart you have. its fun lol
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TAKE A LOOK
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CitRoN_RouGe AnaKingKong
@AnaKingKong, Nice work, seems you are close to your target also. But my idea is on daily scale, even the price spikes to 1290 EMA25-EMA50 cross is still on the table.
+1 Reply
Thanks for excellent analysis
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thanks for the analysis!
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thank you for the great analysis
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Any other views for the other majors?
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The trend hit 100 MA daily. It is strong support.
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