Abzii

Quick uodate on yesterdays XAUUSD thought

FX:XAUUSD   Gold Spot / U.S. Dollar
Hey everyone

So just a quick update on what i think could possible happen.

If we can break above 1745.44 (previous high on H1) we may see a continue in growth to around 1760.85 (previous high on H4) as DXY weakens slightly and will be keeping an eye in it.

Other plan may also see it weaken more if we can't break above the 1745.44 which then will be a pullback/ retest of this area and a drop to around 1677.40 will be expected before any further steps are taken.

Lets see what the word on the street is for NFP tomorrow.
Personally I can see DXY weaken and a majority of USD pairs to grow after or during NFP

What is everyone else's thoughts?
Drop your comments

Note this is not a signal it is a thought awaiting confirmation enter at your own risk!
I do not except any liability if it goes the wrong way...
Like I mentioned I will be keep a close eye on this to see if i can see anything else happening and will post an uodate if any clues are given!

Thanks for viewing
Please I appreciate any feedback so drop your ideas in my comments
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