The 2065 price level was a strong monthly key level to keep in mind. Today after the positive data from NFP gold started to show reversal signs and and sell momentum The US economy unexpectedly added 253K jobs in April 2023, beating forecasts of 180K and following a downwardly revised 165K in March ( very positive for the dollar) and negative for the XAUUSD GOLD.
If the 2065-2067 area hold I will look for sell entries but if we change of sentiment I will continue with the the LONGS
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.