DollarYenQueen_

XAUUSD News Idea

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
US releases employment data tomorrow at 8:30 am eastern. Expecting the news release to weaken the dollar which would cause a spike up in price. I have based my analysis on the last time Gold saw these prices in July of this year.

Buy Entry: 1804.00
Targets: 1812.00 | 1817.00 | 1820.00 | 1825.00 | 1828.00 | 1832.00 | 1835.00
Resistance: 1840.00

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Trade active:
Entry triggered
Comment:
Idea can be used again for FOMC minutes release and press conference. I still have a bullish bias after 1825.00 target was reached due to yesterday's CPI data release.

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