XAUUSD has been trading in a bullish trend within the last day. The support level is now located at 2030.00.
If the pair rebounds from the support level, analysts recommend opening a Buy order with a Take Profit at the nearest resistance level. In case the breakout is confirmed, analysts suggest opening a Sell order.
The resistance level is now located at 2046.00 - 2065.00
The U.S. Nonfarm Payroll report will be released in a few hours and could affect this trade.
@IrfxnR, dont you move your sl to next support. oops i didnt mention that. sorry. news time has quick movement. i hasnt time to update. next time i will do early. thank you