the next 22 dollars will strongly determine which way price decides to break. From current control price of 1822 a 22 dollar below to floor support of 1800 which is subject to break to go fill the liquidation wick at 1680 for a market equilibrium correction before climbing back to highs of $2,000 ++
a 22 dollar rise however will magnetize us towards higher...
Simply put, when observing the PATTERN of an asset class trend & NATURE of forex we can see that XAU floored support at 1850's now making roughly a
1 2 5 dollar move upward. When in those ranges we will have an optimum range to SELL HEAVY
NFP FIRDAY AUG 4TH
permanent job losses went from half a mil to 3.5 mil
vs job gains are 1.73 mil
Economy is stagnant despite reopenings suggesting higher inflationary methods will be taken upon the FED which will inevitably raise the price of XAU