Catalyst: Price action
I reckon XAUUSD needs a retracement at least until the US Jobless claims data release.
PS: This trade fails if it can breakout and close above 1750
I reckon XAUUSD needs a retracement at least until the US Jobless claims data release.
PS: This trade fails if it can breakout and close above 1750
Note
We will buy if it rejecting the trendline. Currently, waiting for US Jobless claims data.Trade active
Nice double top on H4 Time-frameUS Jobless claims 5245K
Trade active
SO far so good!Trade closed: target reached
Will re-enter the trade later at better rates
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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.