XAUUSD NFP ANALYSIS 5-7-24 #GOLD #LIVEANALYSIS #SEMS

5 juil. 2024

🚨 XAUUSD (Spot Gold) NFP DAY ANALYSIS 🔖 5-7-2024🚨

Sell at: $2388-$2410-$2424-$2448
Buy at :$2310-$2285-$2265-$2242

CMP -$2364.97 (as of writing) 💹

⚠️ Warning: Do not risk more than 5% of your capital. You might lose your money.

🚨📝Data scheduled to be published at 18:00 hrs -22:45 hrs

18:00-Average Hourly Earnings (YoY) (YoY) (Jun)
18:00- Hourly Earnings (MoM) (Jun)
18:00-Nonfarm Payrolls (Jun)
18:00-Participation Rate (Jun)
18:00-Private Nonfarm Payrolls (Jun)
18:00-U6 Unemployment Rate (Jun)
18:00-Unemployment Rate (Jun)
20:30-Fed Monetary Policy Report
22:45-ECB President Lagarde Speaks

Trading Strategy: Given the current market dynamics, we suggest the following:

🟢For Potential Rebound:
• Buy Entry Target Range: $2388(TP1)- $2405(TP2)-$2420(TP3)

🔴For Potential Downtrend:
• Sell Entry Target Range: $2340(TP1)- $2325(TP2)- $2310(TP3)

💹Technical Status: XAUUSD: 📌
D1 SMA100-P (2300.90) Buy 🔺
H4 SMA100-P (2372.79) Sell 🔻
H1 SMA100-P (2399.40) Sell🔻
H4 SMA200-P (2405.16) Sell🔻

RSI(14): Status: Oversold
STOCHRSI(14): Status: High Volatility
ROC: Status: Buy
William%R: Status:Buy
ATR(14): Status: Sell
SOC: Status: Sell

8 juil. 2024

Note

Let Us Book Profit in sell trade entered from $2388 as suggested on NFP day 16:32 hrs 🔻

CMP - $2368.45

Total Movement $19.55✅

$1955 Profit in 1 lot.✅
$9775 Profit in 5 lot.✅
$19,550 Profit in 10 lot.✅

For Verification , DM