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YoungtraderDXB
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Gold opinion for this week
XAUUSD
, 240
XAUUSD: Gold opinion for this week

We have a nice rising wedge pattern and I believe gold will bounce up and down within the pattern until it reaches the levels of 1780s. If NFP data release is positive as expected, I believe gold will then push to the downside towards the level of 1720s. If this gets broken too, we might look at further sell off towards the major support at 1680s. *This is my...

Gold Bearish Trend
XAUUSD
, 240
XAUUSD: Gold Bearish Trend

Looking at the upcoming NFP on Friday and the current trend, I believe gold will drop to 1715-1720 levels.

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