Gold price pumped by the news !!!

Short

Gold Spot / U.S. Dollar (OANDA:XAUUSD)

Updated

OANDA:XAUUSD Gold Spot / U.S. Dollar

trendanalysis supplyanddemand candlestick

Did the news pump the price ? That I shall leave for everyone to conclude themselves !

I think the price will stabilise by Tuesday and I will short with a tg of 1750

Comment:

For another substantial jump up , the following is needed

- Next Weeks jobs reports to show a miss
- resurgence of Delta Variant
- Geopolitical Risk / news from Afghanistan

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