BIG RED BEAR knocking on your door! Part 3 - XAU/USD
Updated
GOLD (XAU/USD) - BUY
SL @ 1280.00
Targets: 1325.00 / 1340.00 / 1385.00 / 1415.00 / 1435.00 / 1450.00
*Moderate Entry @ 1300.00
SL @ 1295.00
Targets: 1325.00 / 1340.00 / 1385.00 / 1415.00 / 1435.00 / 1450.00
SL @ 1280.00
Targets: 1325.00 / 1340.00 / 1385.00 / 1415.00 / 1435.00 / 1450.00
*Moderate Entry @ 1300.00
SL @ 1295.00
Targets: 1325.00 / 1340.00 / 1385.00 / 1415.00 / 1435.00 / 1450.00
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Trade at BE, DXY could have one more Bullish Swing before the bigger drop. See Part 1 for NFP Technicals.Comment
Market conditions are "dodgy" during these times and structure could become more Complex. Extra caution is needed, watch "DXY - Cheating with the Joker - Double or Triple Three?" video for more details. The set-up could be invalidated if the Dollar Index surprises.
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Trade closed: target reached
Targets 1 & 2 reached, switching to Bearish mode with this post:
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