SroshMayi

GOLD (NFP Impact on the bearish direction)

Short
SroshMayi Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold continues to exhibit a downward trend, with potential targets at 2290 and 2278. A further decline below 2278 could initiate a new bearish phase, targeting 2260. Conversely, a breakthrough above 2307 would confirm a bullish trend, suggesting potential upward movement towards 2327 should prices stabilize above this level.

Additionally, today's Non-Farm Payroll (NFP) data is likely to impact market dynamics significantly.

Pivot Price: 2302
Resistance Levels: 2315, 2327, 2342
Support Levels: 2290, 2278, 2260

Today's anticipated trading range is between the support level at 2260 and the resistance level at 2327.
Trade active:
still active
as our description we mentioned.

my free signals channel telegram

t.me/Srosh_signals

~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%

SM World and Economy News 24/7
Urgent News ⚡️:

t.me/SM_News_24h
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.