Gold Spot / U.S. Dollar
Short
Updated

Bearish potentials of gold

243
as we see price moved very bullish from price 1933 without forming a new support, so buyers still on the market and are into the mentioned range (present price area), they are also waiting for unemployment claim results.
we all know that USA is performing good economic actions this week so far so we expect a positive unemployment rate, so its possible for the price to break its previous formed supply with a strong rejection also from below; exactly at the price retracement its obvious that price needs s new Base before any further move; it may drop by NFP new, and test 1933 one more time.
let see how the market moves.
Trade closed: target reached
tp hit ;)

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