Gold, Bounced off 50 moving average.

Long

Gold Spot / U.S. Dollar (OANDA:XAUUSD)

Updated

OANDA:XAUUSD Gold Spot / U.S. Dollar

Trend Analysis Technical Indicators

trendanalysis indicator

Gold retraced to 50 day moving average, still in up trend so time for a long position.

Comment:

Aslo hit of 200 day MA on 1 hour chart

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.