Many thanks for your analysis!
Just to add something about your use of the weekly 20 EMA for gold...l know one gold pundit - more investor than trader- who used to use the 252 sma on the daily chart as his entry point but since the market accelerated in 2008 he has gone to the 144 on the daily as his ideal entry.Not sure its going back there anytime soon though!
Comment
You need to be a member of FXstreet.com Forex Social Network to add comments!
You need to be a member of FXstreet.com Forex Social Network to add comments!
Join FXstreet.com Forex Social Network