FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Easy short here.
Trade active: As I expected, NFP and Wage data was good so I will continue to hold my shorts for the foreseeable future.
I do not think that is going to happen in the current scenerio
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zader33 shafsworld
@shafsworld, The monster rally from 1240 is clearly exhausted. ADP figures were good, Fed was hawkish, and if NFP figures are solid with good wage growth, I think we will see 1332 today a snow maybe even a break below and touch 1328. I think a correction to 1310-1316 is required before another attempt at breaking the 1368-1372 area. But that is my opinion only based on previous experience.
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zader33 shafsworld
@shafsworld, As I expected, Gold is simply melting.
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