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SunLion506

LONG Towards 200 EMA or 50 EMA if Bearish

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
SunLion506  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis
2
1
trendanalysis
Long on the way back to 200 EMA on daily. Due to Gold's bearish weight and the weight of the chart wanting to go down there is a possibility that the chart might bounce of the 50 EMA for a short but if it does not then the next spot might be back to the 200 EMA on the Daily chart making a bounce of either the 50 or the 200 EMAs for a possible SHORT.
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