$XAU 4,044 Hold, pulled back to 4,072 at 16:00; broke below 4,064 five times and closed back above. The 1H candle hasn't closed yet.
$CL Over the same period, it fell from 92.41 back to 90.2; oil down, gold up.
Conservative: if it can't reclaim 4,064, go short; stop at 4,090, target 4,031.
Aggressive: go short after breaking 4,044; stop at 4,062, target 4,020.
Invalidation: if the 1H candle closes above 4,090, the short setup is invalid; target 4,142.
Nonfarm payrolls at 21:30; keep positions light.$XAU $CL #Gold
$CL Over the same period, it fell from 92.41 back to 90.2; oil down, gold up.
Conservative: if it can't reclaim 4,064, go short; stop at 4,090, target 4,031.
Aggressive: go short after breaking 4,044; stop at 4,062, target 4,020.
Invalidation: if the 1H candle closes above 4,090, the short setup is invalid; target 4,142.
Nonfarm payrolls at 21:30; keep positions light.$XAU $CL #Gold