Well, I am positioning to buy Gold
. Amidst the "risk off" market, there are a lot of buyers and they have nicely pushed gold
above the 200 ema
, 100 ema
, with a nice cross of the 13 ema
. I like how this chart looks! A classic buy opportunity.
Once market sentiment remains ( Keep eyes on Trump!) ...I am looking to enter a buy at the current sweet spot of 1254.50-55 area. Another position can be entered if price retraces further to the 1244.71 area (200 ema
Safe trading all!