Hey Traders,
Lots of market speculators are assessing Gold as an asset to put in their portfolio, especially as it rebounds off from key Moving Averages and price points below.
After rampant moves and lots of momentum to the upside, you will often find yourself at key price action levels that will offer a new downside case for the next market move in a swing format.
These areas determine the entries and exits of the mass money market, and planning them within trends across all Timeframes is essential. It is important to note they are note exacts points, but rather areas of price.
Here's how to understand them and use them in your trading for better entries and exits.