Expate

XAUUSD Upside movement 09.03.2023

Long
Expate Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The United States Initial Jobless Claims is taking place Today, March 9th at 13:30 GMT.
We are expecting some good moves today.
A recent FED speech about rising hikes can be implemented only if jobless claims will be lower than expected.
If we follow common sense, then not a soul will tell you the directions of the "Whales", unless there is a chance for them to get a piece of that pie.
If I knew that something is going to happen with the economy or planning to extend the war in Ukraine, I would buy in for as low as possible, without making chaos. Meaning I'm buying from 1815.4
Fingers crossed!
Comment:
Entry: 1815.4
Updated targets:
TP 1840.4
SL 1794.4
Comment:
SL moved to BE
Trade active:
Not a move that I was expecting, and it looks like tomorrow's data will be more convincing. Have a good one!
Trade closed manually:
Trade closed on 1827.15
Entry 1815.40
Difference: 11.76$
Swap: 0.00
Position: GOLD, buy 3.00
Profit: 3528$
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