Long

XAUUSD ANALYSIS 08.03

Updated

After our reversal movement on gold , we are waiting for a bullish momentum , to fill all the HVI we have created on the downtrend , then we will be looking for a bearish continuation to the 1600$ due to Powell speak , and augmentation of the interest taxes

Note

We had our reaction after taking the 1st HVI without big downward momentum , the price accumulates for the unemployment announcements that should give us a direction for this day

Note

2nd HVI hit

Malo_Trading

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