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FUNTRADER-Vera
Jul 7, 2017 8:12 AM

Plan 3 b4 NFP: Gold Long

Gold/U.S. DollarFXCM

Description

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!

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waiting for signals .
hv a great weekend, traders.

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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 .

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Comments
Trading_Wave_By_Wave
i like your idea check mine out whats your thoughts?
Tintin101
Hi Vera, long time, hope all is well. I wanted to ask you what is your opinion GXD?
Thx and best regards.
Tintin
FUNTRADER-Vera
@Tintin101, what is GXD?
Tintin101
@FUNTRADER-Vera, GDX sorry (gold miners)
Liza90
Meaning it will go down?
FUNTRADER-Vera
@Liza90, meaning will need to check if gold will find its support.
Liza90
@FUNTRADER-Vera, okay noted. Thanks!
FUNTRADER-Vera
@Liza90, Yw.
Divergente
saludos... entonces estos niveles buscar señal de giro...??
FUNTRADER-Vera
@Divergente, i cant understand , sorry.
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