Withaai

Gold going down again

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
2
Here I have an option to sell gold as my 48 mva crosses my 96, I do not open my order directly after the cross, I wait for a little retrace and then open a order should it continue downwards below the last low just before or just after the mva's crosses. In this way I don't run a loss should the signal be false and the price changes direction.
If I am not to sure of the price direction I will wait for the 96 to cross the 192 and do the same order.
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