Feel free to check my XAU/USD history analysis and updates by clicking the small arrow/dot in the chart.
Catalyst: US NFP, Jobless rate, and Earnings
PS: This analysis fails if it can break out and close below the BUY zone, and it will depend on the US data
I sent these charts below to my clients and I added these charts into my previous XAUUSD analysis
Chart May 27, 2020, We bought low at 1693-96
Chart May 31, 2020, we start selling at 1743 until today, in overall here's our recent trade
Catalyst: US NFP, Jobless rate, and Earnings
PS: This analysis fails if it can break out and close below the BUY zone, and it will depend on the US data
I sent these charts below to my clients and I added these charts into my previous XAUUSD analysis
Chart May 27, 2020, We bought low at 1693-96
Chart May 31, 2020, we start selling at 1743 until today, in overall here's our recent trade
Trade active
I know how to read the futureTrade closed manually
Hourly earnings -1.0%NFP 2509K
Jobless rate 13.3%
We closed the trade at 1712, 1715, 1721, We banked a great profit this week combined, and we didn't want to risk those hard-earned profits on NFP, so we didn't trade the NFP. Too risky.
There's always a new great opportunity in the market. Congrats if you catch the XAUUSD drop.
Upgrade Your Trading Station with Gold Cartel
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.
Upgrade Your Trading Station with Gold Cartel
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.