XAUUSD 4Hr

Gold , XAU/USD. As shared in my previous chart we talked about Selling at 1800 and taking profit at 1789 level, which played out right to the point from the support level. Now after the drop the price should consolidate for a while until the US Data is out. As we all know today it's NFP (Nonfarm payrolls) data incoming which eventually will impact the US DOLLAR, so we should wait until we get the clear market sentiment before taking any hot aggressive positions.
But anyway a trader should always have an ongoing plan, So here's my recommendation with the technical perspective is to BUY 1789-1791 area which should reach our next resistance zone @1799 if broken we shift our TP to 1807.

Today the Yellow Metal will have a bouncing day with the NFP data.

I hope everyone who has taken my call yesterday made a handsome money. Please follow, like and share if you agree with my setup.
Be careful with the risk management. Trade safe.

Cheers!

Trade closed: target reached:

We have reached the TAKE PROFIT, for all those who followed my analysis and made profit, please share.
Monday technicals and trading zone will be updated will soon.

Cheers!

Trade closed: target reached:

Second target reached. TP 1807.
Today I will drop the new chart for new trading zones!

cheers