I think that always have to attention to both fundamental and technical analysis and then decision to go with one and use a SL and Tp
I think and saw that XAUUSD never correction in this 8 weeks but when see how is going in Britain and USA decide to get attention ,maybe the chart is like 2009 and that bullish movement and after fed and other get power to rise and...
The usd index has fundemental and technical analysis but I find it bearish to down level
And maybe has upward and then be moving down
Then I prefer to use this analysis at other analysis
I kindly hope to have your ideas in comments.
Thank you for your attention.
I see the bearish movement of the @xauusd when all of you say that is bullish and I say that this is necessary for moving forward and up
And we can see in the chart that along time we have a good divergence and can have a bullish movement to
If you find it beneficial please like my post
I show in this chart that goldOANDA:XAUUSD for a long term bullish movement need a great bearish to which of this zone and after that all of us can prepare ourselves for a good bullish movement.
and if you think that a moving in 4h chart give power of bullish and a crossing from 1350 I have against idea with you completely.
in all of time my work the chart show...