XAUUSD Retracement 09.10.2023 by BDSwiss_Academy on TradingView.com
Gold jumped following the NFP news and the news for the Israel-Gaza conflict that erupted into war after attack by Hamas.
Commodities prices moved to the upside rapidly. Retracements are possible intraday as shown on the chart. A significant breakout of a support at near 1846 could cause the price of Gold to drop for the day.