chartwatchers

Gold - Backtest done

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OANDA:XAUUSD   Ouro/Dólar Americano
This is going to be a short update as we are nearing to the oversold conditions what I wanted to see.
We just tagged the 50 SMA on the daily chart and RSI is near to oversold.

I'm quite sure we are going to close above the 100 SMA today or Monday.
This is the point where I add to the long positions or you can start a new long position.

We can assume the 25 day rule worked out perfectly this time.
With this call I gave you the second good entry on the way up to 2500$.


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