SerpentForexClub

Gold xauusd daily update 05.02.24

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
NFP hammered gold and although the uncertainty caused by recent war actions seems that gold is falling. For now the direction remains bearish.

Last month gold moved very ugly - rapid moves of 300 pips in opposite directions almost every day. The result is an inside monthly bar. Gold is creating liquidity to break the all-time high once and for ever, but just not yet.

Strategy:
-Macroeconomics
-Market manipulation
-Liquidity calculation
-Economic and price action indicators
-MTF Pivot points

*Fundamental analysis
*Technical analys
*Quantitative analysis

Free group:
t.me/serpentforexclub
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