TradingView
AlexHillFX
May 28, 2017 1:25 PM

Gold Buy Idea due to NFP 020617 Long

Gold/U.S. DollarFXCM

Description

XAUUSD (GOLD) Buy Idea

Been awaiting a H4/D close above 61.8% Fib at 1263. Blue Ellipse highlights this factor.

MA Cross is perfect to suggest upside target of 1276 for next Fib Level as first take profit region.

Looking for a new HH toward a potential upside of 1300$ per Oz.

Non Farm Payroll week so volatility expected Wednesday and then Friday 2nd June (13:30 GMT+1) Forecast is lower than prior of April.
More