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alanchin

Gold waiting for breaking out 2000-2050 on NFP.

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
alanchin  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Critical positions for NFP day: 2000, 2050.

Gold will retrace down to the supporting area 2000-2005 on NFP day, and choose direction.
If 2000 breaks down effectivly, 1950 will be the next target.
If 2000-2005 could be hold up, a new bullish trend will start.

Let's see the result today.
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