Sorosnotsorrow

XAUUSD 4H Chart -3rd May Awaiting NFP

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Will post my detailed analysis later, but can also look into my previous post here


If ABC is really forming, BC extension at 1.272 and 1.618 of AB will be hitting close to my previously forecasted take profit targets of 2200-2195 and 2130 - 2125.

I have closed half of my positions going into NFP and if gold shifts upwards, it will be an opportunity to short especially if it climbs back up and respects 2325
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