FX_TradeGenie

GOLD XAUUSD > Technical Analysis > 3rd December

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Another day another dollar. Yesterday we had some nice movements with further confirmation of a bearish continuation.

After our Asian market open we can see some retracement after yesterdays moves. We could see a further confirmation in London open.

If 1780 is held, I would look for Short entries with a tp1 of 1764 and tp2 of 1750. Non-farm payrolls, is due later in the day.

As anything is possible, if movement pushes past 1780 we could look at opening a small lot for a long to 1810-2
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