AlexHillFX

Gold Buy Idea due to NFP 020617

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
1
XAUUSD (GOLD) Buy Idea

Been awaiting a H4/D close above 61.8% Fib at 1263. Blue Ellipse highlights this factor.

MA Cross is perfect to suggest upside target of 1276 for next Fib Level as first take profit region.

Looking for a new HH toward a potential upside of 1300$ per Oz.

Non Farm Payroll week so volatility expected Wednesday and then Friday 2nd June (13:30 GMT+1) Forecast is lower than prior of April.

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