Sphyn-Trader

GOLD: the GAP!

Long
Sphyn-Trader Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
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The misuse of the world's reserve currency by American politicians, bureaucrats, and central bankers has resulted in a reckless increase in debt owed to other countries. This has made the rest of the world aware that the debt will not be repaid in an honest currency, but rather in Federal Reserve notes that will rapidly lose their value. As a consequence, foreign central banks are purchasing large amounts of gold as they foresee a currency crisis. It is essential that individual investors also recognize the situation and take steps to protect themselves before it is too late.

Friday’s US payrolls report will be a pivotal one for stocks. The worst outcome would be rising wages and a weaker jobs number, something that might reverse the growing expectation of a Fed pause in May. Such a scenario would likely put stocks at risk of giving back their recent gains.

The market may experience a significant surge, increasing the likelihood of a gap formation on Monday. It is important to consider this potential outcome.

Note: Note: Full TP, SL for winning the market and safe trading!



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The announcement of the NF news is expected to cause a gap in the market.

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