XAU- Before the storm.

6 août 2021

NFP day, the excitement for the month, and I have picked up on this harmonic structure on the 30m timeframe, Now if we can see DXY make a move down to S3 support and the weekly low around 91.80 this harmonic will work a treat, However you need to wait for confirmation of this move, we need volume or PA to tell us we have found support, currently price is struggling and hasnt reacted that strongly, but we are in a dead spot before London and New york and more importantly for today the NFP volume, Proceed with caution, but thought id share what I see currently with you guys.

6 août 2021

Transaction en cours

$1800, $1797 has a chance of being hit aswell, but overall it should hold above stop loss IMO.

6 août 2021

Note

Stop moved to $1791 to avoid BS

6 août 2021

Trade fermée: ordre d’arrêt atteint