XAU/USD Potential short-term trade
Updated
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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