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XAUUSD (GOLD) - Analysis - (short term trade)

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Hello Traders!

I believe we are still going to see a push to the downside from 1807-1809 area at least to 1787-1788 before we see any correction

I would just be very cautious when it comes to risk management as we have NFP today and price could prove to be very volatile.

Happy trading wishing you a great day ahead and happy weekend in advance

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Note:

This is not financial advise, as trading entails high risk and is not suitable for everyone. These are to be used for educational purposes ONLY!

Many thanks,
ETGL Team 💛

註釋

If price does not respect 1816-1818 area before NFP then we might get to higher levels before we see bearish action again

註釋

Overall gold is still bearish. Expecting some spikes to the upside before we continue pushing down !

註釋

If you're in the trade move stops to breakeven and take partials