ew-forecast

Gold Is Testing 1800 Support As US Yields Moving Into Resistance

SAXO:XAUUSD   Gold Spot / U.S. Dollar
Hey traders,

Strong jobs data caused some bounce for the USD. But we are seeing some limited reaction as a lot of hawkish bets can be priced in. So I am even prepared on the reversal patterns. I like gold down here around 1800; its a nice technical support. In this video I will also also look at crude oil, eth and pound.

Have a nice weekend.

Grega
ps. see you in webinar on Monday, here on tradingview.

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