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JohnJavier99
Apr 7, 2021 7:42 PM

Gold Spot- XAUUSD- short  Short

GoldOANDA

Description

Gold spot loosens its shine! An elevated NFP stats moves the instrument lower and starts accumulating net positions lower to the downside.
Historically it performs well either bullish or bearish but an area of consolidation is taking place with an accumulation of liquidity at play until it breaks either way. My bias is still bearish before a return to bullish territory.


Comments are welcome! Have your say.
Comments
NjabuloSongo
yes i totally agree with you
luisilva4001
Nice Logic I hope you are right. 😁🙏
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