Gold Spot / U.S. Dollar
Updated

XAUUSD Analysis for June NFP

179
Looking to use June's NFP to my advantage to short XAU before it ultimately heads to the upside.
Prev results = 266
Cons = 664
Results predicted to be better than expected.
S&D zones, some support, and trendlines identified on the monthly/weekly/daily TF. Will use hourly candles for confirmation before entering.
Trade closed: stop reached
Clear manipulation took place on Friday IMO. Results were forecasted to be better than last month, which they were, and yet DXY dumped because it was just slightly 'worse than expected'. I placed a sell with a small lotsize and tight SL and thank god i did because gold flew up 200 pips hahaha. Well done to those that longed, i'll be looking for places to enter long swings from.

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