Trend line broken buuuuut I don't trust thisI am short on this pair because of the trend line break and candles but at the same time it looks like it wants to go north. I think its news related or something, but I may get out of this trade.
What do you see here?
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XAUUSD UPDATEnote
ECB CPI Flash Estimate y/y & Core CPI Flash Estimate y/y missed expectation
Weak USD bcoz of ISM Non-Manufacturing PMI forecast 58.1 lower then previous 58.8
TRADE PLAN
sell at red line if actual data ISM Non-Manufacturing PMI release higher might c pullback and close 1/2 postion
sl 50pips below 1300
good luck
cheers