OANDA:XAUUSD   Gold Spot / U.S. Dollar
We are currently monitoring gold and DXY index and looking for GOLD buy opportunity. There is a high chance that gold will push higher.

Why?
  1. Weekly high was taken and this can be just reaction from sellers taken out
  2. Israel army resumed the war against Hamas in Gaza.
  3. DXY index is waiting for another impulse wave
  4. Crucial support 2010

Let see how NFP will played out

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.