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DAILY XAUUSD Moving Average Analysis Confirms Bullish Trend

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Moving Averages Strategies.
The simple moving average is probably the most basic form of technical analysis . Even hardcore fundamental guys will have a thing or two to say about the indicator.
A technical analyst must be careful to avoid analysis paralysis because there is an unlimited number of averages and time frames you can choose from.
Above is a play-by-play for using a moving average on a daily chart . In the Above Idea, we will cover staying on the right side of the trend after placing a long trade.

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