Koketso_FFA

Gold Spot D1 Analysis - Supply and Demand

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold Spot closed below the Resistance levels of 1324.87,so we have a good opportunity to go Short, below 1313 Levels, first target 100Pips, second Target 150Pips with stops @50Pips. 1/3 Risk Reward Ratio. Gold Spot has been on an Uptrend for a while with respect to Us and China Trade Wars, we can definitely take advantage on NFP this coming Friday to push down USD into Power. please note that this entire week we going to focus on US gaining Power.
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