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Allen_Ex

XAUUSD:Today’s Data Trading Strategies

Short
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
Allen_Ex Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns xauusdshort xauusdlong xauusdanalysis xauusdupdates xauusdsignal xauusdsell xauusdbuy xauusdidea
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snapshot

Initial jobless claims will be released in 30 minutes, which is expected to be favorable for shorts, so my trading plan is to go short.

Gold is currently in an upward channel, with support around 2283, followed by around 2269. Based on the current price position, I am more willing to short at a high level. For this rise, my highest estimate is around 2319. There is not a lot of room, but on the downside, there are a lot of opportunities.
Trade active:
Target 2269 has been achieved
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