Taking this long on XAUUSD as a possible swing trade
Momentum is bullish with price action making higher lows and higher highs, while price is also above the 20 day EMA
ATR is starting to go up slowly so I would expect some movement to come later today, the only thing that worries me for longs is the fact that we have had some big red candles recently.
Momentum is bullish with price action making higher lows and higher highs, while price is also above the 20 day EMA
ATR is starting to go up slowly so I would expect some movement to come later today, the only thing that worries me for longs is the fact that we have had some big red candles recently.