Gold Spot / U.S. Dollar
Long
Updated

XAUUSD: long trade better wait for more confirmation

Traders,

The box is where we are waiting for long trade signal.
But few days b4 NFP, better stay cautious to long NFP as you can see Dollars is getting stronger now.
And more and more central banks are joining the group of raising rate or sending message that they will .
Less is more!
Note
gold did not break 1218 , the strong support level.
Note
better not to do anything before NFP since we had 275 pips in profit by a short trade from 1246.
Note
Plan 3 b4 NFP: Gold

Disclaimer