Daily I see attempts to burst further up. On higher time frames we are caught in downtrend. In order for me to trade on gold
, I would like to see prices going above white line ( 90EMA) once more to show that it's really interested in moving up before I do a buy.
We wait a little longer to see if prices perform this :
Sell if a full negative candle is below the red EMA
Buy if there's a full positive candle above white ema
Stop loss and targets to be advised when trades are taken.