ADP missed by a mile yet again. wonder will market wait until unemployment figures are out in a few mins to decide on direction....

Gold

a wins a win

Gold

here comes the pre-news run...a carbon copy of yesterdays action pre news..lol im in long to Asian high before the break lower during the night. 3563 target ish

Gold

thanks for insight, but naturally it would have dumped, so it looks right, no? as last ADP figures came in at 104k above expected 77k on 30 July last

Gold

considering thats all its ever done since its existence, i dont see why not, technically all it does is rise... but we trade intra day so we pay more attention to dips and 'downtrends' and what not, but imagine if you bought some physical gold 5 ...

Gold

strong support around 3525 zone (my yellow line) expecting a pre-news run up to 3555, 3567 zone potentially hope its a good day! lots of news to look forward to, ADP expected to come in negative, as is unemployment claims slightly, lets deal with ...

Gold

TP1 is usually my conservative or most likely target then Tp2 is a bit of a ‘hopefully’ one anyways will try post breakdown of my Plan A and plan B trade for news today

Gold with thedaytrader

sure! Will try my best to show a breakdown of my process today

Gold with thedaytrader

my SL was at 3533

Gold with thedaytrader

that was TP2, based on my ATR levels.

Gold with thedaytrader

the carnage that is the US economy is finally playing out, overdue since August, lol

Gold

Price will trickle on slowly up towards 3600 I’d say. At least until late into Asian

Gold

3560 my new key support level until further change. Debating leaving a small position overnight during Asian…..just for experimental purposes…..

Gold

haven’t a clue. I’m just going with what I see and read in the news. Lots of high impact news coming over this week and next few weeks. Tbh I base most of my trades around the news sooo. But as we know it does what it wants. But I wouldn’t wish for ...

Gold with thedaytrader

For anyone wondering how I determined the 3568 target today, I used my ATR. Specifically the Nimh Fx ATR on tradingview. It’s pretty reliable imo. Obviously only when paired with other confluences

Gold

im thinking because it kind of priced in negative data all day, we moved from 3541 to 3560 so now await further news tomorrow to give it another push either direction imo

Gold

great,fingers crossed

Gold with thedaytrader

Out of all positions. Not a bad run today See you all tomorrow for unemployment claims !! Have a good evening .

Gold

b good job, anyway we have more high impact news tomorrow hehe

Gold with thedaytrader

Target almost hit 3568. Running risk free… let’s see how much further it can go.

Gold