SunLion506

Possible Long and then a Short

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Long position is possible if chart breaks out past 50 EMA on Daily to continue Bullish towards 200 EMA on Daily. The chart is Bearish and there is a possibility it will eventually conitnue a Bearish trend after a bounce of either EMA (50, 200).
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