blueeaglefxtrader

XAUUSD (GOLD) Short

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Last Day Gold was Drop from 1788.96 to 1758.94 Due to a Strong Support Gold Was Unable to Move Down it Tested the Support 3-4 Times but unable to Breach its Support. (Last Day USA News was better than expected).
Today we have more than 6 News of USA at a same time we have to Consider. (NFP, Unemployment, Trade Balance, Jobless Claims, Jobless Claims 4-week, Avg Hourly Earning). We can say that the USA will be Better than Expected Today because the USA Started to Recover Its Economic Conditions Gold Will be Short today waiting for News Pre effect and After Effect If it is Better than Expected a Good short Trade we can Win but if not Gold Will Fly to 1800 Approximately. I Suggest you open Position Carefully.
HINT: Don't go for Pre Effect, Be Aware of Traps.
Stay Blessed :)
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