secrettrading

XAUUSD potential continuation

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
We have an EWT pattern going on. We are getting closer to the end of wave #4 for the final push. We are consolidation and I expect the lowest point to be touch with NFP. It is still a good entry if wide stop loss. On the fundamental side, we are still in a world where inflation is not stable yet, wich will weaken USD
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.