$XAUUSD Fractal predicts limited action until NFP

Gold/U.S. DollarFXCM

Description

⋅ Nov 26, 2016 5:13 PM

I have overlaid the last two drops. Doesn't look like much action until NFP. Fractal suggests selling into NFP, which in turn suggests an NFP miss, which will break the USD / DJIA rise and the GOLD / EUR / JPY fade.

If it misses, that is.

Trade active

⋅ Nov 29, 2016 12:12 AM

Looking good 2 days later