We are finally seeing some rejection on Gold Pair on Daily Timeframe. There's a possibility price retesting 1890 region however this doesn't mean we should blindly short the market.

Our plan today is to look for opportunity to FIFO Long if there's bullish candle around pivot range and to look for opportunity to short when it hits the resistance area. Look for long during Asia day and short during Asia Evening and Night.

Pls take note that this analysis is until NFP only. The result from NFP may invalidate the proposed setup as news will impact the strength of USD.

Technical Key areas of interest as below
Upper Range: 1947-1950.5 (R1-R2)

Middle Range: 1938 - 1941 (Pivot)

Lower Range: 1932-1928 (S2-S3)

Pivot points for reference
R3: 1954.693
R2: 1951.347
R1: 1945.763
Pv: 1942.417
S1: 1936.833
S2: 1933.487
S3: 1927.903
Trend Analysis

Feragatname