Gold After NFP

8 בספט׳ 2021

Gold Price has been extended by the NFP data last week, this move has make me to mark the 5th phase wave from (WXY) to (WXYXZ). Now , this week ( Tuesday ) gold went down and break the previous structure (X), these mean the next move will be bearish continuation from previous weeks trend. For now, i would wait for another move high ( lower high ) before entering my short position.