Gold 04/08 goes sideways waiting for non-agricultural news.
Aktualisiert
Markets were now focused squarely on nonfarm payrolls data due later in the day, which is expected to show that the U.S. labor market remained steady through July.
Any signs of resilience in the labor market give the Fed more impetus to hike interest rates further, given that the bank is targeting some cooling in labor conditions as part of its crusade against inflation.
Framework H4 I'm working on. Gold can be seen moving sideways since the morning of April 8, very slight oscillation about 1930-1938. I think with such a large compression, tonight's NonFarm will be very strong, we should wait for the real news. then let's trade.
What are your ideas, let me know in the comments below. Thank!
Any signs of resilience in the labor market give the Fed more impetus to hike interest rates further, given that the bank is targeting some cooling in labor conditions as part of its crusade against inflation.
Framework H4 I'm working on. Gold can be seen moving sideways since the morning of April 8, very slight oscillation about 1930-1938. I think with such a large compression, tonight's NonFarm will be very strong, we should wait for the real news. then let's trade.
What are your ideas, let me know in the comments below. Thank!
Anmerkung
Price closing candle 1942, expect a brighter new weekTrade ist aktiv
Gold is on the right trajectory that I have drawnAnmerkung
The strength of the dollar kept the metal market overall in the dark, as investors awaited further economic signals from US consumer price index (CPI) inflation data on Thursday.Trade geschlossen: Ziel wurde erreicht
gold 11.08, has reached a resistance level that I have seen since 04.08. I have a plan for next week, hope everyone can profit from it. Good luck to everyone in the market. and follow me for free plan. thanks everyone!
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