XAUUSD Analysis
Gold Daily TF
Price has rejected daily resistance at 1775 with a strong wick rejections.
I will not be jump into any positions straight away given that we have just had NFP. With that said, moving into next week, if price can break 1750, I will look for a re-test then shorts down to 1725 where the last LH was made at 1725. I will take the majority of the position off the table at this point and leave a small runner.
Price has rejected daily resistance at 1775 with a strong wick rejections.
I will not be jump into any positions straight away given that we have just had NFP. With that said, moving into next week, if price can break 1750, I will look for a re-test then shorts down to 1725 where the last LH was made at 1725. I will take the majority of the position off the table at this point and leave a small runner.
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