XAUUSD Weekly Post NFP. After NFP the weekly CS managed to close strong with a range of 646 pip. Consequently this high is close to the previous weekly swing high creating a double top. The bullish range of 646 signifies a strong bullish momentum. However, due to the formation of the double top we would need to see a daily close above 1807.96 for XAUUSD to continue its bullish momentum
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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.