Following the #1,213.40 Low, the price jumped back up to the # 1,239.40 level and lower high on the Daily chart. With the Nonfarm Payrolls beating the estimated figure, the DX found support near 96.00 and should test its Highs again which will, of course bring the Gold down. What is again keeping Gold higher than its fair technical value is yet another big pull on equities. Gold should soon reach the fair price which is 30-40$ down. The Weekly candle should close nearly flat (+0.13% at the moment). The Fed Interest Rate Decision is on my focus for next week and I remain bearish with first TP # 1,207.40 as said in previous post and previously booking the first profit on Short positions. The Lower Low extension goes on this current wave as low as #1,204.30. Have a great weekend my fellow traders!
- My official and only Telegram Channel: t.me/goldenBear88
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012'.
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012'.
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- My official and only Telegram Channel: t.me/goldenBear88
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012'.
- I do provide professional Gold consulting (signals and financial advice) as well as #1 on #1 mentorship.
- Trading Gold since #2012'.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。