Similar To XAGUSD. You can find the information in my previous XAUUSD idea.
Comments
IvanLabrie
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Shorting against Friday's rally doesn't seem like a good idea.
That's definitely a big level, but it can be crossed, and then it'd rally really strongly.
IvanLabrie
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So I'd say, short if it shows any kind of reaction to it...which is unlikely in my opinion.
LeoYao
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Hi Ivan, thanks for your opinion sharing. I am planning to short if there is good price action is because the NFP data is not "bad" to me if we look back previous years' Aug performance. And normally there will be number modification to make the final number up a lot. But that is just my own opinion. :)
That's definitely a big level, but it can be crossed, and then it'd rally really strongly.