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Gold Spot / U.S. Dollar
Long
May 28, 2017
Gold Buy Idea due to NFP 020617
1
Grab this chart
Grab this chart
XAUUSD (GOLD) Buy Idea
Been awaiting a H4/D close above 61.8% Fib at 1263. Blue Ellipse highlights this factor.
MA Cross is perfect to suggest upside target of 1276 for next Fib Level as first take profit region.
Looking for a new HH toward a potential upside of 1300$ per Oz.
Non Farm Payroll week so volatility expected Wednesday and then Friday 2nd June (13:30 GMT+1) Forecast is lower than prior of April.
AlexHillFX
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