XAUUSD (GOLD) - Analysis - (short term trade)

Hello Traders!

I believe we are still going to see a push to the downside from 1807-1809 area at least to 1787-1788 before we see any correction

I would just be very cautious when it comes to risk management as we have NFP today and price could prove to be very volatile.

Happy trading wishing you a great day ahead and happy weekend in advance

Please do not forget to like and follow for more ideas like this!

Note:

This is not financial advise, as trading entails high risk and is not suitable for everyone. These are to be used for educational purposes ONLY!


Many thanks,
ETGL Team 💛

Bình luận:

If price does not respect 1816-1818 area before NFP then we might get to higher levels before we see bearish action again

Bình luận:

Overall gold is still bearish. Expecting some spikes to the upside before we continue pushing down !

Bình luận:

If you're in the trade move stops to breakeven and take partials