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elmaghrebi01
Dec 7, 2023 10:29 PM

XAUUSD Short

Gold/U.S. DollarFXCM

Description

Opinion: I see a drop in XAUUSD from the area of 2041.26 to 2009.73. Entry will be with confirmation.
NB: If it's drops directly, the area of 2041.26 will be cancel X.
Comments
Bravetotrade
Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade
elmaghrebi01
@Bravetotrade, Thank you! It's exciting to be part of the community and I'm looking forward to more interactions. Your encouragement means a lot!
dario27
thats what I see too, looks like the market is waiting for Tomorrow's NFP results! think US $ will go up to after that slowly going down and that will make gold retest the 2100 but for now waiting for a drop to 2000-2005
elmaghrebi01
@dario27, It's possible. The NFP results often influence market movements, especially regarding the US dollar and gold. A strong report could initially strengthen the dollar, impacting gold prices. However, let's see what's gonna be happen tomorrow.
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