Hello
Hello
Remember 6Aug 2021 . NFP Day like Yesterday . Gold fell on Friday after the NFP report. Everyone entered the long position thinking that the collapse was over. But at the start of the market on Monday in Asia (August 9) there was a terrible fall and all positions were liquidated. Gold will quickly return to its weekly trend line shown in the chart (which coincides with Fibo 61.8) and after the formation of the weekly pin bar, it will begin its upward movement slowly towards the targets above $2000.
This is my analysis and it is not a buy or sell signal. I hope you will be successful.
Hello
Remember 6Aug 2021 . NFP Day like Yesterday . Gold fell on Friday after the NFP report. Everyone entered the long position thinking that the collapse was over. But at the start of the market on Monday in Asia (August 9) there was a terrible fall and all positions were liquidated. Gold will quickly return to its weekly trend line shown in the chart (which coincides with Fibo 61.8) and after the formation of the weekly pin bar, it will begin its upward movement slowly towards the targets above $2000.
This is my analysis and it is not a buy or sell signal. I hope you will be successful.
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Follow this analysis
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Close your Sell position. Wait for buy confirmion.