XAUUSD: Two major data coming, buy or sell

Yesterday we made a lot of money from Sell above 1970 and around 1985. I believe that friends who have followed have made a lot of money. If you haven’t kept up, you can join my channel so that you can get the latest signals in time!

Yesterday, gold fell to our target level of 1955 as scheduled, and there was a slight rebound here. Will it reach 1985 again, or break through the lower support?

From the hourly chart, we can see that it has already stepped out of the M-top pattern. From a technical point of view, the possibility of falling below the support level of 1950 is very high, but the upcoming U.S. unemployment benefits and real GDP data in the first quarter Will determine the next trend. Moreover, many officials of the Federal Reserve recently said that whether to raise interest rates next depends on the performance of the data, so the data to be released next is very important.

Here my strategy is to sell with a small position in 1962, TP::1950, SL:1970, if the data is negative for gold, you can boldly increase the Sell.
If the data is bullish for gold, we will stay on the sidelines!

GOLD XAUUSD GOLD1! GC1! MGC1!

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This time many data are negative for gold, successfully reached our TP: 1950, our Sell order has made a huge profit, congratulations to friends who have kept up.

If you want to get more signals, you can contact me to join the VIP membership group!

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XAUUSD:Sell@1950

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