5hr:
30m:
👁️ OUTLOOK
Commodities: XAUUSD
5hr: Clearly have been breaking bullish in the last 30 days. Currently in re-accumulation but still below the 10ema and the 50ema.
30m: I wanna see price start breaking bullish inside the 30m time frame and start breaking above the 10ema and 50ema to show a clear sign of money coming in before looking for longs.
Bias: Bullish but needs time to develop. Once it shows strength to the upside and starts surfing the emas then I would happily look for my entry criteria but until then I am waiting and sidelined.
👁️ OUTLOOK
Commodities: XAUUSD
5hr: Clearly have been breaking bullish in the last 30 days. Currently in re-accumulation but still below the 10ema and the 50ema.
30m: I wanna see price start breaking bullish inside the 30m time frame and start breaking above the 10ema and 50ema to show a clear sign of money coming in before looking for longs.
Bias: Bullish but needs time to develop. Once it shows strength to the upside and starts surfing the emas then I would happily look for my entry criteria but until then I am waiting and sidelined.