XAUUSD (GOLD) - Short
GOLD has been trading in a range bound over the last 2weeks waiting for the unemployment releases this Friday. However, a retest at its recent level of 2.476 is expected. If the level holds and the price bounces back, a new high may be underway following the expectation of a cut rate. Alternatively, a further continuation lower toward to 2,450 is under the scope.
Trade closed: target reached
Target reached!! 
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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.