XAUUSD 'NFP PULLBACK' ANALYSIS
Diupdate
Having found strong resistance level on 1900+ price ,gold signaled a down trend move days prior NFP . In the process it broke out of the pitchfork channel and establishing resistance at 38.2% and support at 61.8%of the andrew's. On a retracement perspective ,NFP movement can be considered as a pullback from the channel break as it found resistance on the 78.6% of the fibonacci (level of confluence - Andrew's 38.2% zone), thus we can expect XAUUSD to further dip to the lower levels of price 1800+ ,more especially considering that USD is at multi-week lows and a bull season could be on the horizon for the dollar.
XAUUSD
XAUUSDTrading ditutup: stop tercapai
Order dibatalkan
Catatan
Cosidering that it went up but still failed to break above and establish itself above price 1900+ ,I conclude that we might have got in early on this trade.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.