XAUUSD (NFP!!!) | Uncertainty VS. confidence
Gold has always been a safe haven for investors - we are currently awaiting the one report to end all reports; NFP. Because of the uncertainty in the markets, investors will put their money in Gold, sending the price of XAUUSD upwards. Should we get a GOOD NFP report, XAUUSD will then plummet back down to the 1300.00 region as investor confidence grows again.
Order cancelled
BAD REPORT!Trade active
Re-entered trade because of the lack of Bullish power to break the strong resistance line.
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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.