Hi all, below is an article that I learned years ago and that has contributed massively to my trading success over the years and I would like to share with you. Due to the rules at tradingview, I cannot post the link so I will write it here.
When it comes to trading support and resistance is the name of the game and support and resistance comes right off the...
You could look to short XU with a small position if the market comes back to 1806 ~ 1807 which is a major resistance.
However I would recommend risking 0.5% or 1% due to the NFP - major news - tonight.
Other than that, have a good weekend and I will post more set up for XAU/USD next week.
