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XAUUSD | GOLD will likely have a bounce from the daily MA

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Ouro/Dólar Americano (FX:XAUUSD)  
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FX:XAUUSD   Ouro/Dólar Americano
Trend Analysis Fundamental Analysis Technical Indicators XAUUSD Gold trading IDEA commodity ideas Forex
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Hello Traders,

Gold is pushing towards the downside at the moment, I believe its next pitstop will be the resistance which now became support or the 25-50 moving averages.

You can enter either on the resistance with bullish engulfing candle as confirmation or moving average with bullish engulfing candle.
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