AETradingFx1

03/11: Gold price waits for US employment report

Long
AETradingFx1 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
๐Ÿ’ฏDAILY GOLD PLAN UPDATE: March 11
๐Ÿ‘‰ Gold prices were little changed this morning as investors waited for the US non-farm payrolls for further signals.
๐Ÿ‘‰ The USD index slid and US 10-year treasury yields fell to their lowest level in 3 weeks, making gold more attractive.
๐Ÿ‘‰ The Fed kept interest rates on hold Wednesday as policymakers considered key conditions documents tight enough to control the discovery.
๐Ÿ‘‰ According to CME Group's FedWatch tool, the school now believes there is an 85% chance the Fed will maintain interest rates again in December. => Higher benefits increase your job opportunities.
๐Ÿ‘‰ But does Nonfarm have a good price for the USD tonight to reasonably reduce the price when the gold price has increased quite high for 3 weeks in a row?
๐Ÿ‘‰Plan your trading today:
๐Ÿ”ฝ SellGold Entry: 2004 x โ€“ 2006x
SL 2009
City 1993 - 1979

๐Ÿ”ผ Buy gold Entry: 1980x -1978x
SL 1975
City 1985 -1991 - 2023
Comment:
+ 170 pip from entry Sell 2004

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