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Gold Spot / U.S. Dollar
Short

GOLD:SELL Scenario After Pullback 1840 For A SHORT Setup

By FOREXN1
Updated
GOLD started to make Lower-highs and Lower-lows where firstly a breakout and after a pullback of the 1840.00 level turn the scenario for the precious metal to the bearish side. Today the Economic calendar shows a full day of key events like the US Unemployment Rate, Average Hourly, Non-Farm Employment Change, and Unemployment Rate. This economic news can affect negatively all the European currencies as well for the XAU highly correlated.
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Fundamental AnalysisGoldTechnical IndicatorsOROsignalsignalssignalserviceTechnical AnalysistelegramTrend AnalysisXAUUSD
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