THE XAU IS BULLISH
CONFIRMATION USING RENKO WHEREBY BRICKS ARE IN ATR (AVERAGE TRUE RANGE)
THE DOWNWARD TREND HAS HIT THE 50 M.A WHICH IS MEANT FOR PULLBACKS
THE 50 M.A IS FAR ABOVE THE 100 M.A WHICH SIGNIFIES AN UPTREND
CONFIRMATION USING RENKO WHEREBY BRICKS ARE IN ATR (AVERAGE TRUE RANGE)
THE DOWNWARD TREND HAS HIT THE 50 M.A WHICH IS MEANT FOR PULLBACKS
THE 50 M.A IS FAR ABOVE THE 100 M.A WHICH SIGNIFIES AN UPTREND