17/08/21 XAUUSD ANALYSIS AND TRADE IDEAS

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- DXY currently at 92.800 if we get positive figures then we can break above, if negative break below to start revisiting the lows
- Profit taking in US30 / US Equities market
- strong bullish pa for Gold
- Economic data has been all of the place as last 2 weeks we saw an aggressive rebound in jobs section, NFP, unemployment had a significant decline, JOLTS showed more jobs available. however, CPI + PPI is not as controlled as Feds projected it to be, as well as Economy Activity thru consumer sentiment and manufacturing side is pretty lackluster. - Jev CH

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