Gold Spot / U.S. DollarUpdated XAU/USD Pre US ISM Manufacturing Data
US ISM Manufacturing Data is on the docket as a red tag event today.
This could move markets and shape up XAU/USD more.
Gold has largely been unpegged sentiment wise, so any clarity on direction and the correlating news would be ideal.
Tech levels covered.
This could move markets and shape up XAU/USD more.
Gold has largely been unpegged sentiment wise, so any clarity on direction and the correlating news would be ideal.
Tech levels covered.
Note
Key short zone 2 hit. Ideal for short entries in line with near term downtrend.Muted reaction due to July 4 Trading. Lacklustre PA so far so would reduce size massively. Also close margin for exit.
Note
Not ideal to add anymore until prev highs.Note
Here's something to save your butt. Do not short massively and think you cannot go to new ATH's. You Can.Note
Further Key Gold Update + Market Trading Lessons:
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
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.