It's not going to be a linear bull run on the daily...
Expecting sells on xauusd, eurusd. Very similar inverse fibs on respective charts.
You could probably bet on sells for any X vs USD pair.
It's the time for gold to retrace from last weeks heavy price drop.
NFP made the new low (broke 1732.36) to trigger bulls into taking positions with take profits at 1781.64
Looking for a bounce of an invalid head and shoulders setup on 1762.81 to form the retest @ ~1781.64
Then back to the fundamental bias of DXY bulls and commodity bears to extend the gold...
I think the price will retrace to ~1830 before big buying momentum will enter the markets pushing price to 1868.
Buying momentum may com in earlier in the head and shoulder entry ~1836.56
