Gold has always been a safe haven for investors - we are currently awaiting the one report to end all reports; NFP. Because of the uncertainty in the markets, investors will put their money in Gold, sending the price of XAUUSD upwards. Should we get a GOOD NFP report, XAUUSD will then plummet back down to the 1300.00 region as investor confidence grows again.
Ordine annullato:
BAD REPORT!
Trade attivo:
Re-entered trade because of the lack of Bullish power to break the strong resistance line.