Potential XAUUSD Movement: Overall Movement
This is the "BIGGER PICTURE".
Gold has already achieved three touches on the resistance trendline.
Now, I presume it has to accomplish a third touch on the support trendline.
It won't head there in a straight manner however with the two upcoming events, JOLTS & NFP.
Perhaps the volatility will be enough push this market to the downside.
Gold has already achieved three touches on the resistance trendline.
Now, I presume it has to accomplish a third touch on the support trendline.
It won't head there in a straight manner however with the two upcoming events, JOLTS & NFP.
Perhaps the volatility will be enough push this market to the downside.
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