Xoli

Shutdown Coming Up

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold went up on Friday due to worry of US government shutdown, which has happened before so should not give too much surprise to the market. The last two hours gold dropped and closed at its lowest in the US session. Buy on rumour, sell on fact, so the conclusion is : gold will drop when the market reopens in Asia.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.