Salmanmemon786

Gold buy on double bottom on daily chart

OANDA:XAUUSD   Gold Spot / U.S. Dollar
423 4 9
Gold             Formed Strong Double bottom on Daily chart Now we are Expecting a bonce from Current level it can push up till 1274-75 and where next 1295-1300 also

Advice to buy in Range of 1257-1246 sl below 1235 TP1 1275 tp2 1295
Comment: Gold Hold and up From level which we shared
Comment: Gold move sl at cost our trade with 100+ pips Green
Did NFP affect this metal ??
Reply
RuhailKhan piptamil
U.S. Unemployment Rate increased from 4.9 to 5 and bad Nonfarm Payrolls data us won't be able to increase interest rate. so dollar will be down , euro gbp aus, nzd gold silver specially will go up and oil will also jump and jpy , candiani will be flat down.

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Reply
Salman,
Thanks for the sharing of your idea.
Reply
that isn't a double bottom, sorry.
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