Description
⋅ - US Jobless Data comes better than forecast.
- XAU Speculative Long Positions Record High
- NFP Ahead
2040 is the key level.
Breakdown will carry the price 2000 and 1980 $
Technically:
Minor Cycle Retracement H4
H1 MM Resistance
Good Luck.
Note: Medium Term Target is unchanged 2080 - 2160 - 2200
Comment
⋅ Comment
⋅ Price Action Sniper ( PAS ) Indicator M30 Bullish Retracement
prnt.sc/tw3v0t Comment
⋅
What’s next?
Bulls will try to defend 2031 $ ( MM 5 /8 H4 )
According to the fundamentals and Cycle Theory, we predict bearish continuation down towards 2000 $ and 1980 $ if the bears keep the price below 2031.
Our Medium Term Target: 2125 and 2250Comment
⋅ Our XAUUSD forecast posted January 2020.
2125 $ 2.618 EXT.
Comment
⋅ 2000 $ OK
Waiting for Swan