0408 XAUUSD plans for NFP at the end of week
Hello traders,
This is still a plan sell GOLD on this downtrend channel.
Gold might keep sideways before NFP or NY session.
A long shadow candlestick could happen with NFP data released. The possible selling zone could make a test of the upper channel and turn down to fibo ext 1.27-1.618 support/buying zone.
I would prefer not to make a plan to buy on such 4H chart but wait for confirming signal to sell.
Good luck on this selling plan.
LESS IS MORE!
This is still a plan sell GOLD on this downtrend channel.
Gold might keep sideways before NFP or NY session.
A long shadow candlestick could happen with NFP data released. The possible selling zone could make a test of the upper channel and turn down to fibo ext 1.27-1.618 support/buying zone.
I would prefer not to make a plan to buy on such 4H chart but wait for confirming signal to sell.
Good luck on this selling plan.
LESS IS MORE!
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