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Gold Forecast: Plunge After NFP, 1,784.90 A Downside Obstacle

Started by forex4you, Feb 04, 2022, 07:05 pm

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Feb 04, 2022, 07:05 pm
Gold Forecast: Plunge After NFP, 1,784.90 A Downside Obstacle

The price of Gold plunged after better than expected Non-Farm Payrolls data. A major downside movement could be activated by a valid breakdown below the uptrend line. XAU/USD could try to come back higher as long as it stays above the lower median line (lml). In our gold forecast we see the price of the … Continued


The post Gold Forecast: Plunge After NFP, 1,784.90 A Downside Obstacle appeared first on Forex Crunch.


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