XAUUSD is trading near 4,185.25 after a -4.39% week. Bias is short while price holds below 4,262.75. First target 4,030.25; invalidation on a H1 close beyond the stop. Day range 4,180.52 – 4,237.14.
Charts & Ideas / XAUUSD
Reading the economic calendar
High-impact releases (rate decisions, CPI, payrolls) move FX and gold the most. Compare actual with forecast, not with previous; the surprise drives price.
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More ideas on XAUUSD
AUXAUUSD ↘ SHORTGold vs US Dollar4,174.44-0.97%
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AUXAUUSD ↘ SHORTGold vs US Dollar4,174.44-0.97%
XAUUSD — supply zone retestXAUUSD is trading near 4,185.25 after a -4.39% week. Bias is short while price holds below 4,235.98. First target 4,083.81; invalidation on a H4 close beyond the stop. Day range 4,180.52 – 4,237.14.
AUXAUUSD ↘ SHORTGold vs US Dollar4,174.44-0.97%
XAUUSD — supply zone retestXAUUSD is trading near 4,185.25 after a -4.39% week. Bias is short while price holds below 4,253.24. First target 4,049.27; invalidation on a H4 close beyond the stop. Day range 4,180.52 – 4,237.14.