Gold can go either way. Generally once a trend is established, it will continue moving in that direction, but it won't last forever.
One approach is to buy when it moves above its 100-day moving average and sell when it dips below the 100-day moving average. A less-frequent trading approach would be to use the 200-day moving average. Some people use very short periods for their moving average. Others use an exponential moving average.
Dear reader,
i bought $DUST around 25-26 dollars based on technical analysis. now its at 21 dollars, i believe it will rebound and i will make my money back(also based on technical analysis). Can i get some of your specific opinions on what general direction $DUST will be going in?
thanks