Gold non-agricultural transaction analysis
Updated
Hello everyone, it’s Friday again. Today is the last trading day of the week. Friday's trading is usually the most complicated and today there is news on the US April non-farm payrolls data and the US April unemployment rate. We need to do a split on today's transaction. Let everyone know how to proceed with today's transaction.
Gold prices have been trading very narrowly so far since today's opening. As a result, gold can fluctuate wildly in both directions.
The current operating price range of gold is still between 2280-2330, and breaking any price range will continue to extend the trend. For example: 2280-2265-2255/2330-2350-2365.
So our transaction is divided into two parts
1: Transactions in the range of 2280-2330:
Selling area:
① 2317-2319
② 2330-2333
Buying area:
① 2292-2295
② 2280-2283
2: Transactions outside the 2280-2330 range
Above 2330:
①2336-2333↓↓↓↓↓↓↓↓↓↓2320-2322
②2345-2350↓↓↓↓↓↓↓↓↓↓2336-2333
③2333-2336↑↑↑↑↑↑↑↑↑↑2345-2350-2365
Below 2280:
①2280-2268--2262-2278
②2280-2268-2262-2255-2250
Today's analysis looks very complex. But it's actually quite simple. Combine the icons to find your trading zone trades. If you make a profit. Then you will not only succeed in trading but make money on your own. And you have successfully learned the first course of trading analysis.
I hope that my trading analysis will not only bring you trading profits, but also that everyone can slowly learn trading knowledge.
Trade active
The trajectory of gold is completely consistent with my analysis.Trade closed: target reached
1/2294-2320 profit 260pips2/2319-2278 profit 410pips
3/2280-2293 profit 130pips
perfect signal
Trade closed: stop reached
Gold price trend changes during yesterday's US non-farm payrolls news.Golden track:
2294--------2320.7--------2277.5--------2302
Profit after running all my trading signals:
buy ① 2292-2295 2295-2320 profit 250pips
SELL ① 2317-2319 2319-2278 Profit 410pips
Buy ② 2280-2283 2280-2302 Profit 220pips
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