XAUUSD | GOLD will likely have a bounce from the daily MA
Hello Traders,
Gold is pushing towards the downside at the moment, I believe its next pitstop will be the resistance which now became support or the 25-50 moving averages.
You can enter either on the resistance with bullish engulfing candle as confirmation or moving average with bullish engulfing candle.
Gold is pushing towards the downside at the moment, I believe its next pitstop will be the resistance which now became support or the 25-50 moving averages.
You can enter either on the resistance with bullish engulfing candle as confirmation or moving average with bullish engulfing candle.