Gold 30.08 waiting for ADP Non-Farm Employment Change news
⚡️Yesterday gold made a big jump after CB Consumer news JOLTS Jobs, currently still above 193x today, is experiencing a very slow correction around the 1936 - 1938 price range, the market seems to be optimistic after the rally and waiting for the Non-Farm news tonight.
⚡️U.S. economic indicators released on Tuesday showed dampening consumer sentiment and job openings dropping to their lowest level since March 2021, offering evidence that the central bank's efforts to rein in inflation by throwing cold water on the economy are having their intended effect.
⚡️Krado thinks gold will continue to rise after Non-farm news. Please be careful trading before and after the news everyone
⚡️Share your ideas with Krado, I'm looking forward to it⚡️
⚡️U.S. economic indicators released on Tuesday showed dampening consumer sentiment and job openings dropping to their lowest level since March 2021, offering evidence that the central bank's efforts to rein in inflation by throwing cold water on the economy are having their intended effect.
⚡️Krado thinks gold will continue to rise after Non-farm news. Please be careful trading before and after the news everyone
⚡️Share your ideas with Krado, I'm looking forward to it⚡️
Comment:
⚡️Gold prices steadied at three-week peaks on Wednesday, aided by a weaker dollar as softer-than-expected U.S. economic data spurred bets that the Federal Reserve will have limited headroom to keep raising rates.
Comment:
⚡️Gold Price (XAU/USD) struggles to gain around $1,935 during the early European session on Wednesday. The weaker US dollar and a sharp drop in US Treasury yields drags the Greenback lower across the board but gold did not retest but flew straight to the 1945 price area to scan liquidity , gold did not retest but flew straight to the 1945 price area to scan liquidity after news
Comment:
According to Krado's previous plan, gold was slightly tested in 1935 and moved sideways to the 1945 price range after the GDP news, although the reality was 0.3% smaller than forecast.
⚡️Sell 1944 - 1945
🌟TP 1937
⚠️SL 1950
⚡️Sell 1944 - 1945
🌟TP 1937
⚠️SL 1950
Trade active:
⚡️price is descending to current +20 pips, Krado thinks will continue to fall
Comment:
⚡️The widely-watched official jobs report for August is due out on Friday, but ahead of it was the ADP private payrolls report, which showed employers added a fewer than expected 177,000 jobs in August. In July, the ADP report said 312,000 jobs were added.
Comment:
⚡️Gold prices remain firmer at multi-day highs, lacking follow-through as of late.
Comment:
⚡️This plan has been completed⚡️
Comment:
