Sentimental Gloom for the Dollar

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Fundamentals & Sentiment

USD:
- The Fed is still in "wait and see" mode
- Recent US data has been weak (except JOLTS)
- Services PMI is expected to come out weak today

XAU:
- both USD and XAU are stretched to the upside

Technical & Other

Setup: S(B)
Setup timeframe: 4h
Trigger: 4h
Medium-term: Range
Long-term: Range
Min target: local highs
Risk: 0.84%

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تم فتح الصفقة

NFP shook out 1/2 at break even