XAUUSD -2024/08/02
The NFP release was very deflationary printing a number of 114k much lower than the forecast and that is bullish for gold.
We currently had a pullback down to our top 1h volume buy zone, if we can get a pullback deeper into the zone I will then wait for the market to give me my confirmation candle to take the trade.
Alternatively if we break lower we have the second buy zone around 2434 where we can also look for buys. But the top zone is the most probable.
We currently had a pullback down to our top 1h volume buy zone, if we can get a pullback deeper into the zone I will then wait for the market to give me my confirmation candle to take the trade.
Alternatively if we break lower we have the second buy zone around 2434 where we can also look for buys. But the top zone is the most probable.
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