XAUUSD NEUTRAL WAITING NFP

4 ביולי 2023

On XAUUSD, we have an uptrend as highlighted by this trendline, which has been touched three times and the price could potentially touch it for a fourth time before continuing the upward movement, breaking out of this supply zone towards 1950. However, the price could also decline by breaking the trendline and subsequently retesting it before falling to 1890. Please share your opinion and support our work with a like. Happy trading to everyone from Nicola, CEO of Forex48 Trading Academy.