UnknownUnicorn25686702

XAU- Before the storm.

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
NFP day, the excitement for the month, and I have picked up on this harmonic structure on the 30m timeframe, Now if we can see DXY make a move down to S3 support and the weekly low around 91.80 this harmonic will work a treat, However you need to wait for confirmation of this move, we need volume or PA to tell us we have found support, currently price is struggling and hasnt reacted that strongly, but we are in a dead spot before London and New york and more importantly for today the NFP volume, Proceed with caution, but thought id share what I see currently with you guys.
Trade active:
$1800, $1797 has a chance of being hit aswell, but overall it should hold above stop loss IMO.
Comment:
Stop moved to $1791 to avoid BS
Trade closed: stop reached
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