Gold direction
This is my current analysis. The first important thing is to find out how it behaves near the MA. So, I'm still neutral regarding direction.
Possible IDEAS:
To be bullish, it must hold the trend line with an arrow at the bottom (or) the MA in the middle.
To be bearish, there should be a fake bullish thrust (or) breaking of the first trend line with bearish price action pattern.
Possible IDEAS:
To be bullish, it must hold the trend line with an arrow at the bottom (or) the MA in the middle.
To be bearish, there should be a fake bullish thrust (or) breaking of the first trend line with bearish price action pattern.
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