Please look at the previous crossovers of the indicator below the chart, this is the first time it has crossed downward in 2019
If news stays positive out of the USA (I don't know how it will) Gold will continue downward.
Once first block completes I would move stop loss to breakeven as XAUUSD is volatile.
If news stays positive out of the USA (I don't know how it will) Gold will continue downward.
Once first block completes I would move stop loss to breakeven as XAUUSD is volatile.
Order cancelled
block did not finish so crossover has been voided - could be valid if gold comes down again
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.