Gold Spot / U.S. Dollar
Short

XAUUSD READY FOR THE BIG US SCENARIO

154
We have gold located in the 1940 zone, where we have an excellent demand zone. Primarily, gold could create a short setup here before reclaiming liquidity in the 1985 zone. Alternatively, the price could decrease, creating a short setup with a target of 1880. The decision on the US debt ceiling will be crucial.

Let me know what you think.

Happy trading to everyone!

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.