Here comes a potential buy opportunity on XAUUSD ahead of NFP report coming up later in the day. Technically, we saw how price rebounded around the $3330.00 level. This is an insight that it could be a new H1 higher low. Logically, we expect price to update a new High on the H1 timeframe therefore, a buy opportunity is envisaged from the current market price.
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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.