thescalpmaster

Gold direction

OANDA:XAUUSD   Gold
103 0 3
This is my current analysis. The first important thing is to find out how it behaves near the MA. So, I'm still neutral regarding direction.

Possible IDEAS:

To be bullish , it must hold the trend line with an arrow at the bottom (or) the MA in the middle.

To be bearish , there should be a fake bullish thrust (or) breaking of the first trend line with bearish price action pattern.

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