NFP week.
Gold:
We went short from 1850 area and still have positions as price went down more than 700pips.
We expect some retracement and price could reach 1813/21 resistance area, in fact, price moves within certain area/box since June 2021.
Even when Gold went down dramatically but still didn't take over last month bullish candle at least, for now, the price may continue down move later and if that's the case then we may target 1660 again (Big boys area).
We did went long against our original short positions to protect it as we expect some up move right now.
Gold:
We went short from 1850 area and still have positions as price went down more than 700pips.
We expect some retracement and price could reach 1813/21 resistance area, in fact, price moves within certain area/box since June 2021.
Even when Gold went down dramatically but still didn't take over last month bullish candle at least, for now, the price may continue down move later and if that's the case then we may target 1660 again (Big boys area).
We did went long against our original short positions to protect it as we expect some up move right now.
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