


dmitri.iselund
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since Jul 13, 2017
supportandresistance
trendanalysis
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I'm not sure how Nonfarm Payrolls will affect gold but it didn't take a hit from what the fed said, that it's still sticking to it's gradual rate hikes and thus it was not a boost to the dollar compared to gold.
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Based on the results of the consumer price index, actual was 1.3% when consensus was 1.4%, and this being an important event, a short is due. The news of the tradewars with china arent as frequent and the syria airstrike wasnt as big of a deal as it could be.
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Based on the chart, it bounced off support and is going to climb again. With news of the tradewar between America and China, maybe the Euro can rest easier than the Dollar?
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