GOLD Bull Rally face High Pressure from Bearish (ADP NFP Effect)
Updated
I will explain in a common way as in the early morning we have seen a gap in the markets of BULLs getting in but the pressure from bearish is still so high that the bulls can't keep their rally going on.
Today we have a ADP non-farm payroll in which the given forecast is 16k & our expectations for the actual report in 300 - 400k approx which is highly effective.
In order to get a sharp entry we will let market react to the resistance area so that from 1960 we can get into sell for higher profit.
The areas as target will be given in my VIP.
Today we have a ADP non-farm payroll in which the given forecast is 16k & our expectations for the actual report in 300 - 400k approx which is highly effective.
In order to get a sharp entry we will let market react to the resistance area so that from 1960 we can get into sell for higher profit.
The areas as target will be given in my VIP.
Trade closed: target reached
closed in 200 pips profit...
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