XAUUSD (Gold) is going to go up with trade wars and trend

Long

Or / Dollar Américain (FX:XAUUSD)

Mis à jour

FX:XAUUSD Or / Dollar Américain

fundamental trendanalysis chartpattern gold xauusd china usd donaldtrump

Last week, NFP news came out. Bullish report for the USD, but the unemployed rate has gone up, crushing the bullish expectations. Donald Trump has also announced trade wars with China. Making the overall news bearish for the USD.
Trend analysis shows that it's about time Gold will go up.

Commentaire:

When entering, I will try to insure bullish momentum at the top of the swing high. Here is my trade:
Buy @ 1261
SL: 1236.71
TP: 1333.61

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