Maras_FX

GOLD PRICE PREDICTION

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
This is my analysis for Gold, I am still bullish on Gold in the long term due to expectations of a weaker Dollar. Next week we have very important news for the Dollar such as Non-Farm Employment Change, Unemployment Rate, Average Hourly Earnings m/m, Fed Chair Powell Testifies, Unemployment Claims, JOLTS Job Openings, ADP Non-Farm Employment Change, ISM Services PMI. My prediction for that news is bullish for the Dollar, which will push Gold down in the short term which will give us a better buying opportunity for Gold, I have marked some zones that seem good for buys. We all know that Fundamentals push the price up or down, technical analysis is for finding the best opportunity and it is subjective which means my zones may not be yours.

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