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XAU/USD Signal - USD Personal Income - 1 Oct 2021

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Signal Details
Entry Price: 
1753.1
Take Profit: 
1700
Stop Loss: 
1770
Direction: 
Sell
How we trade
Average: 5 (1 vote)

XAUUSD is capped by trendline resistance prior to the USD Personal Income data, which measures the income of all american citizens. Technically the pair is trending to the downside, and bouncing out of trendline resistance.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.