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XAUUSD - 2024/08/05

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Overall Gold is still in a bullish trend, for us to start trading bearish we need a strong daily bearish closure.

On Friday following the NFP data release gold started pushing up and then had a huge drop. The data that was released is deflationary making it bullish for Gold.

Now we can see that we have 2 volume buy zones, I will look to see in which zone I get my entry confirmation to go higher.
Not
We moved lower into our second buying zone with a lot of bearish momentum. Let's see if we can get the confirmation but at the moment it looks very bearish to buy.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.