Shortly, the U.S. will release the initial jobless claims data and September retail sales month-over-month figures. Prior to the announcement, I personally predict these data points are likely to be bearish for XAUUSD, making it a good opportunity to preemptively position for shorts, suggesting a short entry around 2690 while awaiting the data release.
XAUUSD Trading Strategy:
Short at the high of 2688, with a take-profit target set at 2670.
XAUUSD Trading Strategy:
Short at the high of 2688, with a take-profit target set at 2670.
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Seize the Opportunity and Preemptively Position for ShortsTrade active
With continuous profits, everyone should pay attention to position controlTrade active
As I said today, the US weekly jobless claims data and the September retail sales monthly rate data are all bearish for XAUUSD, and XAUUSD has already fallen.Congratulations to those who followed my trading signals today!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.