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  • #27,921
  • Mar 7, 2024 3:54am Mar 7, 2024 3:54am
My Daily Pivots & Range
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  • #27,922
  • Mar 7, 2024 4:25am Mar 7, 2024 4:25am
About tomorrows NFP…

Nonfarm Payrolls for February, is anticipated to show a 200,000 increase. This report is significant as it could notably influence the price of gold. Historically, gold tends to react more to a jobs report that falls short of expectations than to one that exceeds them. A study analyzing the reaction of gold prices to the past 35 Nonfarm Payroll releases has been conducted. The findings are particularly relevant now, as the Bureau of Labor Statistics is set to release the February jobs data, following January’s higher-than-expected increase of 353,000.
| Trading Edge | RR | Psychology | Persistence | Fortune | Prosperity |
  • #27,923
  • Mar 7, 2024 4:27am Mar 7, 2024 4:27am
Quoting Isabella_D
https://www.forexfactory.com/thread/...4#post14784814 I'm very relieved. Even if gold falls like a stone now, you've done it totally right. Lucky and other have already told you: your opportunities will come. You should act strictly rule-based after a rest break to see how SL works. Systems like Support/Resistance, Fibo, Boli, MA are helpful. Only enter with a small pose if... always enter and exit via EA. Pay attention to the risk/win ratio, Candy shows it every day. Look around at cpfleger, see what navk does, very small risks....
Thanks a lot for your support
  • #27,924
  • Mar 7, 2024 4:37am Mar 7, 2024 4:37am
Quoting jiddifx
About tomorrows NFP… Nonfarm Payrolls for February, is anticipated to show a 200,000 increase. This report is significant as it could notably influence the price of gold. Historically, gold tends to react more to a jobs report that falls short of expectations than to one that exceeds them. A study analyzing the reaction of gold prices to the past 35 Nonfarm Payroll releases has been conducted. The findings are particularly relevant now, as the Bureau of Labor Statistics is set to release the February jobs data, following January’s higher-than-expected...
So, gold will go down? If NFP shows +200k?
  • #27,925
  • Mar 7, 2024 4:54am Mar 7, 2024 4:54am
https://www.forexfactory.com/thread/...3#post14785033
What you write here has a lot of substance, that's my humble opinion.
Offer a source from time to time?
  • #27,926
  • Mar 7, 2024 5:53am Mar 7, 2024 5:53am
Also judging by all the daily closure since monday till now. Am certain that its going to test higher. As per said i trusted that 2150 is lonely and a weak liquidity. Possible next move should start next week. 2191.59 is still possible. However it closes this week will decide next week moves.

Then u start entering. Long or short. For now its ranging in dangerous zones. Neither sell nor buy. Just watch
Trading is very lonely
  • #27,927
  • Mar 7, 2024 6:08am Mar 7, 2024 6:08am
Today's Support & Resistance on MT5 Template

EURO
CABLE
USDJPY
GOLD

https://www.forexfactory.com/thread/...7#post14785177
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FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #27,928
  • Mar 7, 2024 6:13am Mar 7, 2024 6:13am
#XAUusd
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I will succeed Not immediately... but definitely
  • #27,929
  • Edited 6:45am Mar 7, 2024 6:16am | Edited 6:45am
Quoting Avir
Today's Support & Resistance on MT5 Template EURO CABLE USDJPY GOLD https://www.forexfactory.com/thread/...7#post14785177 {image}
Quoting Phoenix-
#XAUusd {image}
Thanks Avir and Phoenix ^_^
  • #27,930
  • Mar 7, 2024 7:11am Mar 7, 2024 7:11am
I'm really selling gold, and hoping for a miracle to come
  • #27,931
  • Mar 7, 2024 7:16am Mar 7, 2024 7:16am
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  • #27,932
  • Mar 7, 2024 7:19am Mar 7, 2024 7:19am
Gold did not like the 2164 level. It's a Good time to pay close attention to gold here as we are arriving at
2170 and 2180. I would expect turbulence and some more retesting and pushing of the high for now.
TechKnow
  • #27,933
  • Mar 7, 2024 7:24am Mar 7, 2024 7:24am
Quoting Whale
{image}
You are speculating it would go south because it's only a wick above the Asian high (no candle close)?
The market hides a perfect geometry.
  • #27,934
  • Mar 7, 2024 7:25am Mar 7, 2024 7:25am
I would expect some type of turbulence at this line, perhaps a move up and a wick back down; on the other hand, IF a break and retest of this line it is going to be a hell of a support.
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TechKnow
  • #27,935
  • Mar 7, 2024 7:30am Mar 7, 2024 7:30am
I think gold is gonna go up ahead
  • #27,936
  • Mar 7, 2024 7:34am Mar 7, 2024 7:34am
Quoting FulMargnAlch
{quote} You are speculating it would go south because it's only a wick above the Asian high (no candle close)?
true
lets see if it work
  • #27,937
  • Mar 7, 2024 7:46am Mar 7, 2024 7:46am
Quoting Whale
{quote} true lets see if it work
It might work, considering the ADR is now around 95%.
The market hides a perfect geometry.
  • #27,938
  • Mar 7, 2024 7:48am Mar 7, 2024 7:48am
Getting choppy here, maybe we see a reversal
  • #27,939
  • Mar 7, 2024 7:51am Mar 7, 2024 7:51am
EU and GU had already fallen.
The market hides a perfect geometry.
  • #27,940
  • Mar 7, 2024 8:09am Mar 7, 2024 8:09am
Quoting FulMargnAlch
EU and GU had already fallen.
10 pips.. wait it will fall to 1.26X
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Dominicus