0412 NFP6 XAUUSD will it keep north till 1880-1890 Long

GoldOANDA

Description

⋅ Dec 4, 2020 8:45 AM

Hello traders,

GOLD has a broken blue trend line on 4h chart and that changed the trading direction on this timeframe chart now.
It is now running above both EMA LINES with Geen one on the top.
It is very possible to make a new impluse leg today with NFP momemtum.
Watch FIBO 618 as FIBO 382 IS NOW ABOUT TO BE BROKEN.

Good luck!!!
LESS IS MORE!

Comment

⋅ Dec 4, 2020 12:52 PM

Comments

siscul888888

⋅ Dec 4, 2020 9:34 AM

With the covid-19 vaccine is almost here, GOLD should not stop rising.

FUNTRADER-Vera

⋅ Dec 4, 2020 12:48 PM

@siscul888888, Yes, foundamentally news and technically support gold to rise.

adeldakid

⋅ Dec 4, 2020 9:26 AM

My idea is didn’t break the 1845, and maybe push back to 1837-1832 and then head back up. Let me know what you think

wiivek888888

⋅ Dec 4, 2020 9:29 AM

@adeldakid, I agree that 1837 could be a position to open buy .

FUNTRADER-Vera

⋅ Dec 4, 2020 12:48 PM

@adeldakid, should check it after NFP.

mahkev999

⋅ Dec 4, 2020 9:22 AM

Are you sure that buy ??

FUNTRADER-Vera

⋅ Dec 4, 2020 12:49 PM

@mahkev999, Hmm, goes with STOP loss.

FUNTRADER-Vera

⋅ Dec 4, 2020 8:54 AM

What is your idea on GOLD on this NFP Friday?