XAUUSD TRADE IDEA

Because of the bond yield and gold divergence, as well as the excellent US NFP data announced last week, I believe there is still room for gold to fall further. So, with a stoploss of 1775, plan to short gold between 1758 and 1760, aiming for the triple bottom level of 1674.09 or the lower low level of 1659.53.


Happy trading, everyone!