XAUUSD Still Seeking SELL Opportunities Post US NFP Improvement, Check Entry Areas! ~ 90% Rebate Exness Everyday

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XAUUSD Still Seeking SELL Opportunities Post US NFP Improvement, Check Entry Areas!

XAUUSD Analysis

Market Awaits US Inflation Data

Gold prices remain stable as the market shifts its focus to today's US inflation data. This data will play a crucial role in anticipating the Federal Reserve's rate decision next week.

Prices Stable but Bearish

While gold prices remain steady, they are still under bearish pressure. Keep an eye on key entry areas to confirm bearish signals for potential trades.

Prediction: WEAK XAUUSD

Trade Plan

SELL AREA: 2630.75 - 2641.75
Stop Loss (SL): 2670.56
Take Profit Targets (TP):
- TP1: 2605.92
- TP2: 2570.67
- TP3: 2534.26

Monitor price action closely within the SELL area for signs of confirmation before entering trades. Adjust your strategy based on market sentiment and upcoming inflation data.

Good luck with your trades!