Elliot_Myers

Historically worse payrolls means long Gold is a viable option

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Historically September has the worst non farm pay roll figure of the year which opens up opportunities to buy the ultimate safe haven asset Gold.

Below is a play with price moving lower into previous structure and finding support. On the poor payrolls price will surge towards target 1 and further weak dollar news could see target 2 achieved as well.


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