Traders,
June NFPs and labor data is due Friday with a forecast of around 180k jobs added, 4.3% jobless rate and 2.6% wage growth.
We closed our long trade on XAUUSD b4 NFP with 275 pips in profit. Similar to USDJPY, the demand zone we are waiting could b active between 1200-1218 , a wide range. After that, gold will have a chance to retrace back to the touch the fan or the green trendline .
Less is more!
June NFPs and labor data is due Friday with a forecast of around 180k jobs added, 4.3% jobless rate and 2.6% wage growth.
We closed our long trade on XAUUSD b4 NFP with 275 pips in profit. Similar to USDJPY, the demand zone we are waiting could b active between 1200-1218 , a wide range. After that, gold will have a chance to retrace back to the touch the fan or the green trendline .
Less is more!
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gold is going to meet its support here with RSI DIV.
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1200-1209, our support zone to watch
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you see my chart, you see the entry .
coming soon .
coming soon .
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hv a great weekend, traders.