Gold is sitting right in the zone that matters most heading into the upcoming NFP release. Price already swept the liquidity resting under the 3,973.670 low, printed a ChoCH around 4,048, and is now testing the FVG stretching from 4,000 to 4,020, which lines up with the 0.5 to 0.618 discount zone at 4,035 to 4,048. This is the key area to watch before the news drops.
Coming up we've got a heavy batch of data including Non Farm Employment Change, Average Hourly Earnings, Unemployment Rate, and Unemployment Claims. These are all high impact releases that hit USD directly, and gold will almost certainly react hard the moment the numbers print. If NFP comes in weaker than expected, USD softens and that could be the catalyst pushing gold higher out of the FVG toward the resting liquidity above at 4,121.955, the old high that still hasn't been tapped. If the data comes in stronger than expected, USD could catch a bid and pressure gold back down toward a retest of 3,973.
The main plan is to wait for a clean pullback into the FVG, get a reaction, ideally with an internal ChoCH on M15, before considering longs on the recovery. I'm not chasing anything into the news since volatility around the release will likely be sharp and could sweep liquidity in both directions before the real move shows up.
This idea is invalidated if an H1 candle closes below 3,973.670, at which point sellers take back full control and the bearish trend resumes.
Near target sits at 4,121.955. If momentum extends beyond that, 4,180 and 4,320 open up as the next levels.
Are you waiting for the news to react before entering, or staying flat and watching the first move first?
Coming up we've got a heavy batch of data including Non Farm Employment Change, Average Hourly Earnings, Unemployment Rate, and Unemployment Claims. These are all high impact releases that hit USD directly, and gold will almost certainly react hard the moment the numbers print. If NFP comes in weaker than expected, USD softens and that could be the catalyst pushing gold higher out of the FVG toward the resting liquidity above at 4,121.955, the old high that still hasn't been tapped. If the data comes in stronger than expected, USD could catch a bid and pressure gold back down toward a retest of 3,973.
The main plan is to wait for a clean pullback into the FVG, get a reaction, ideally with an internal ChoCH on M15, before considering longs on the recovery. I'm not chasing anything into the news since volatility around the release will likely be sharp and could sweep liquidity in both directions before the real move shows up.
This idea is invalidated if an H1 candle closes below 3,973.670, at which point sellers take back full control and the bearish trend resumes.
Near target sits at 4,121.955. If momentum extends beyond that, 4,180 and 4,320 open up as the next levels.
Are you waiting for the news to react before entering, or staying flat and watching the first move first?
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⚜️ Daily 4 - 6 Swing SIGNALS
⚜️ Daily 9 - 15 Scalping SIGNALS
⚜️ SMC - ICT | Document and Real Trade Logic
⚜️ Forex & Crypto & Gold | SIGNALS
Join here: t.me/+7toh_D6B6ew5MWQ1
⚜️ Daily 9 - 15 Scalping SIGNALS
⚜️ SMC - ICT | Document and Real Trade Logic
⚜️ Forex & Crypto & Gold | SIGNALS
Join here: t.me/+7toh_D6B6ew5MWQ1
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
