BUY TRADE SETUP ON XAUUSD
Hey Trader,
Check this analysis out on XAUUSD.
The pair is in a bullish / ascending channel, and seeing the Yellow metal breakout of the bearish trendline, making a good retests back to the previous demand due to NFP release. It is expedient that Gold make a new run towards $2,022.
With expectation of seeing more downside movement on DXY it could help bounce Gold towards the $2,050
Keep a close tab on Gold.
Check this analysis out on XAUUSD.
The pair is in a bullish / ascending channel, and seeing the Yellow metal breakout of the bearish trendline, making a good retests back to the previous demand due to NFP release. It is expedient that Gold make a new run towards $2,022.
With expectation of seeing more downside movement on DXY it could help bounce Gold towards the $2,050
Keep a close tab on Gold.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.