Mihai_Iacob

Gold could correct following NFP data

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
So far it was a very bullish week for Gold, with the price rising 600 pips since Monday's low...
However, as I explained in my yesterday's video analysis, above 1800 Gold is entering a strong resistance area.
Although at this moment I'm out of any trade, I'm looking for a spike following NFP data and using it as a selling opportunity.
Levels to keep in mind for this correction are the 1780-1785 zone followed by the 1760-1765 zone

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