Hidden candle, easy and simple.
XAUUSD today meet Non-Farm payroll (Unemployment Rate)
So, we must see the holder step in to hold this area for BULLS.
Price structure was measure by Fibonacci and it comes to make a test at the 38.2%
On the chart, we see the confluence of support around 1679 – 1682$
In my opinion, it a good chance to see some action here. If not, we could see the lower from here.
However, a good trade location is the priority strategy. Then if the buyer sees this. They could defend 1680$
Have a nice trade.
Good Luck :D
XAUUSD today meet Non-Farm payroll (Unemployment Rate)
So, we must see the holder step in to hold this area for BULLS.
Price structure was measure by Fibonacci and it comes to make a test at the 38.2%
On the chart, we see the confluence of support around 1679 – 1682$
In my opinion, it a good chance to see some action here. If not, we could see the lower from here.
However, a good trade location is the priority strategy. Then if the buyer sees this. They could defend 1680$
Have a nice trade.
Good Luck :D
W: 3 (9.5R)
L: 4 (4R)
Total 5.5R
Holding 3 Trades.