GOLD - 50/100 EMA Bullish crossover + 200 EMA break, go long!
- Golds 50 and 100 EMA (Exponential moving average) have recently crossed over each other (bullish crossover) signalling
gold is now in a Bull trend
- Also broken above the 200 EMA and 1213 short term resistance, further signalling a bullish trend
- Would need to see the 50/100 EMA recross eachother, as well as a break back below the 200 EMA (Bearish crossover) to start going short again
THIS IS NOT TRADE ADVICE NOR A TRADE CALL
gold is now in a Bull trend
- Also broken above the 200 EMA and 1213 short term resistance, further signalling a bullish trend
- Would need to see the 50/100 EMA recross eachother, as well as a break back below the 200 EMA (Bearish crossover) to start going short again
THIS IS NOT TRADE ADVICE NOR A TRADE CALL
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Price breaking higher again, currently at ~ 1219
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BINGO!