zone_to_zone

XAUUSD - STRONG SUPPORT

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Range bound sticking to trendlines, no major news

14:30GMT - Fake out push up before a big 150+ pip drop upon the US open
18:00GMT - Pushing up higher now, could hold around $1555 during the Tokyo session

Thursday

13:00GMT - US GDP report will move Gold


Overall bullish bias - nice long trade would be from $1500

Short term - scalping



Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.