The EMA (Exponential moving average) indicator can be a good confirmation for trading gold. As gold is better traded on higher timeframes like 4-hour, daily or weekly, the 50 EMA and the 200 EMA are an excellent combination. You enter the trade at the close of the candle below or above the crossing of the 50 EMA and 200 EMA. The Fibonacci indicator can help assess potential reversal zones. If you combine it with the moving averages, it can help to evaluate the probable direction.