CFDs on Gold (US$ / OZ)
Long
Updated

Xauusd Bullish Analysis

94
Reason behind the failure of last article is given below

Stronger USD Impact, US China Tension Cooling Off, Before PCE and NFP reports coming traders are taking profit early, Support is being tested.

Currently Market is testing the supporting area and before the news economic reports market will retrace and will test the areas like 3000 and 3310.

However market is still bullish and can pump. the targets that i have set are 3300, 3330 and the end target is 3370
Trade active
Our first target was reached while the second target was almost reached as market touched 3320

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