Get started
SunLion506

Possible return to 200 EMA on Daily for Long or Breaking support

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
SunLion506  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis
1
0
trendanalysis
There is a possibility it might return to the daily 200 EMA good for a Long position before bouncing of 200 EMA and becoming Bearish for a Short (Upper Red arrows)

or

It might end up breaking support and retesting it for a good short. (Bottom Red Arrow)
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.