KENJICHEN

0201-XAUUSD Analysis.

Short
KENJICHEN Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD
As I mentioned on previous analysis, 1323~1326 have strong pressure to gold.
Gold test resistance after NFP release and fail to create new high.
So gold may have chance to correct itself by taking time or retrace the support.
If 1318 can't hold, gold will downward to the FED speech's low at 1309 to got support on uptrend.

Take short position right now for short-term or wait for the Monday.

Gold got nice trend and volatility at US NFP today, have u got profit ?

Wish u have nice weekend :)
Trade closed: target reached:
Almost got 1309! Profit and find another opportunity to short!
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