Look out for NFP today

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
76 0
After the new high in the past week, Gold is consolidating right now like it's waiting for NFP. This is perfect opportunity to cash. This is the moment Gold either forms a new high close to 1380 or it breaks down 78.6 fib line(1331.50). If it breaks down 1331.50 then we can assume it's the start of a downtrend.
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