Weekly forecast
It was an excellent rejection on the H4 time-frame, and last week the market closed above the major resistance at 1765, a good sign of bullish continuation.
Fed Chair Powell is going to Testifies this week, US ADP, NFP, Jobless rate, and Unemployment claims will give a strong catalyst.
PS: This analysis fails if H4 candle can breakout and close below the trendline
Here's our last trade, I sent this analysis to my clients, and posted it o my previous XAU/USD analysis
Fed Chair Powell is going to Testifies this week, US ADP, NFP, Jobless rate, and Unemployment claims will give a strong catalyst.
PS: This analysis fails if H4 candle can breakout and close below the trendline
Here's our last trade, I sent this analysis to my clients, and posted it o my previous XAU/USD analysis
Transaction en cours
It was a great trade. It reached the target zone. Currently, here's what I see, maybe a breakout or perhaps a rejection and continue the rally. FOMX and NFP will show the way.
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Upgrade Your Trading Station with Gold Cartel
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.