Chuck-Norris

Xau/Usd $$$ Gold - short term setup

FX:XAUUSD   Gold / U.S. Dollar
Note$

-I was hesitant to short gold             mostly because of tensions with North Korea, however IMO             any military escalation from now on is unlikely. Market got used to North Korea shooting wanna-be-ICBMs and missiles every now and then.
-I expect gold             to be losing value til next friday
-US inflation data next friday might push Gold             up a bit (as per labor report I expect weaker inflation ), however I think it will hit top of current downtrend channel followed by further decline
-Any new info regarding Trumps tax reform might confluence or diverge with this setup
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out