FUNTRADER-Vera

XAUUSD: long trade better wait for more confirmation

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
39
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!
Comment:
gold did not break 1218 , the strong support level.
Comment:
better not to do anything before NFP since we had 275 pips in profit by a short trade from 1246.
Comment:

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