XAUUSD - Tuesday, September 5th

٥ سبتمبر ٢٠٢٣

US yields put the dollar back in charge last night extending the reaction from last Friday's US Jobs report. The case can be made for continued downward pressure on the precious metal today with a possible area to snag up a quick shorting opportunity. Feel free to extend your SL above the 100h MA if it makes you feel more comfortable.