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CitRoN_RouGe
Oct 23, 2017 8:27 AM

Gold – Time to bet on EMA25 / EMA50 daily cross Short

Gold/U.S. DollarFXCM

Description

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
lefuge
CitRoN_RouGe has one of the best analysis on XAUUSD on tradingview me feels.
piptamil
Educative and informative chart..
Awesome
Lilie-Lily
what a fancy chart you have. its fun lol
AnaKingKong
TAKE A LOOK
CitRoN_RouGe
@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.
sadiquekm
Thanks for excellent analysis
cixibogxebi
thanks for the analysis!
ruwsfuo
thank you for the great analysis
vasigojur1172
Any other views for the other majors?
fhsk2001
The trend hit 100 MA daily. It is strong support.
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