XAUUSD:Today’s Data Trading Strategies
Updated
https://www.tradingview.com/x/vX64svL9/
Initial jobless claims will be released in 30 minutes, which is expected to be favorable for shorts, so my trading plan is to go short.
Gold is currently in an upward channel, with support around 2283, followed by around 2269. Based on the current price position, I am more willing to short at a high level. For this rise, my highest estimate is around 2319. There is not a lot of room, but on the downside, there are a lot of opportunities.
Initial jobless claims will be released in 30 minutes, which is expected to be favorable for shorts, so my trading plan is to go short.
Gold is currently in an upward channel, with support around 2283, followed by around 2269. Based on the current price position, I am more willing to short at a high level. For this rise, my highest estimate is around 2319. There is not a lot of room, but on the downside, there are a lot of opportunities.
Trade active
Target 2269 has been achieved
Related publications
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.