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Continued recovery, positive after NFP news✍️ NOVA hello everyone, Let's comment on gold price next week from 08/04/2025 - 08/8/2025 ⭐️GOLDEN INFORMATION: Gold prices surged over 1.5% on Friday, climbing toward $3,350, as a weaker-than-expected U.S. Nonfarm Payrolls (NFP) report signaled a faster-than-anticipated slowdown in the labor market. Heightened geopolitical tensions between the U.S. and Russia further boosted safe-haven demand for the precious metal. Following the disappointing July jobs data, markets began pricing in a potential interest rate cut by the Federal Reserve. While the Unemployment Rate held relatively steady, signs of labor market softness supported recent comments from Fed officials Michelle Bowman and Christopher Waller, who advocated for a 25-basis-point rate cut at the July 29–30 meeting. Additional data added to the cautious sentiment: the ISM’s July report confirmed that U.S. manufacturing activity remains in contraction territory, while consumer confidence took a hit, according to the University of Michigan’s latest survey. ⭐️Personal comments NOVA: Gold prices continue to be positively affected after last week's NFP news, market expectations of an early rate cut are rising 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $3384, $3434 Support: $3331, $3307, $3268 🔥 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
1
Gold price analysis July 31XAUUSD – Bearish pressure still prevails, watch for SELL in the direction of the trend Yesterday's session witnessed a strong decline when the D1 candle closed with selling pressure up to 60 prices, forming a key candle that shapes the trend. When the market forms a main candle, the 25% and 50% candle body areas are often important price areas to continue trading in the direction of the main trend. In the current context, the priority strategy will be to sell in the direction of the downtrend when the price rebounds to the resistance areas and there is a rejection signal. 🔹 Important resistance areas: 3301 – 3312 – 3333 🔸 Target support areas: 3285 – 3270 – 3250 🎯 Trading strategy: Prioritize SELLing at the resistance area of 3301–3312 when there is a price reaction (rejection). Target: 3250 BUY only considered when 3313 area is broken decisively. Staying disciplined and sticking to the reaction price zone will be key in the context of the market moving in a clear trend.
OANDA:XAUUSD
by TVS-Trader
GOLD MARKET ANALYSIS AND COMMENTARY - [Jul 28 - Aug 01]This week, OANDA:XAUUSD prices had a positive start, rising sharply from 3,345 USD/oz to 3,439 USD/oz because investors were concerned about the risk of financial market instability when US President Donald Trump continuously pressured the FED Chairman to reduce interest rates, and there were even rumors of the Fed chairman resigning. However, the upward momentum in gold prices was not maintained when the US continuously reached trade agreements with partners such as Japan, Indonesia, Philippines..., cooling down the trade war. This caused gold prices to drop sharply for three consecutive trading sessions, at one point the gold price dropped to 3,325 USD/oz and closed at 3,336 USD/oz. Trade war worries are starting to subside. Therefore, we continue to witness a shift of investment capital flows from gold to risky assets such as stocks.. Notably, this week is the fourth time gold prices broke the $3,400 threshold but did not stay above this level. Next week, in addition to the FED meeting, the market will also receive information about US non-agricultural employment (NFP) data. If this index falls stronger than expected, it will further strengthen expectations that the FED will continue to keep interest rates at the current level in upcoming meetings, causing gold prices to drop even more sharply next week. 📌In terms of technical analysis, the three crows pattern (3 long red candles) appeared on the D1 chart, showing that sellers were still in control throughout the past 3 trading sessions without much buying power. This technical pattern often suggests that gold prices may be shifting from their recent upward trajectory into a more prolonged period of decline. This technical signal also quite coincides with the context of many fundamental factors, such as geopolitical conflicts, trade wars, low physical gold demand in the summer... no longer strongly supporting gold prices as before. However, according to many experts, if the gold price drops sharply, it will be a good opportunity to buy, because the gold price is forecast to still increase strongly in the long term. On the H4 chart, gold price may continue to adjust down below the 3,285 USD/oz mark, before recovering again. Meanwhile, the 3,450 USD/oz area is still a strong resistance level for gold prices next week. Notable technical levels are listed below. Support: 3,310 – 3,300 – 3,292USD Resistance: 3,350 – 3,371 – 3,400 – 3,430USD SELL XAUUSD PRICE 3383 - 3381⚡️ ↠↠ Stop Loss 3387 BUY XAUUSD PRICE 3316 - 3318⚡️ ↠↠ Stop Loss 3312
OANDA:XAUUSDShort
by Xayah_trading
Gold Spot / U.S. Dollar Analysis (15-Minute Chart)Key Levels Support Levels: Immediate: 3,294.000 (S/L level) Next: 3,280.000 Resistance Levels: Immediate: 3,304.000 (Entry level) Next: 3,308.000, 3,316.250, 3,320.000 Profit Targets: Tiered levels up to 3,328.000 (highest target). Price Action & Trends Current Trend: The price is bullish (+0.84% today) but hovering near the entry level (3,299.000) and testing 3,302.700. The presence of multiple profit targets above suggests a bullish bias in the trade setup. Critical Observations: Price recently dipped to 3,294.000 (S/L) but rebounded, indicating buying interest at support. The 3,304.000 level (entry) now acts as resistance. A breakout above could target 3,308.000+. Volume & Momentum: Not visible in the screenshot, but the upward movement suggests moderate bullish momentum. Trade Setup Analysis Entry: 3,299.000 Stop-Loss: 3,294.000 (5 USD below entry) Profit Targets: 3,304.000 (Breakeven+) 3,308.000 → 3,328.000 (Scalping opportunities). Risk-Reward Ratio: If targeting 3,328.000, the RR is ~5:1 (29 USD profit vs. 5 USD risk). Actionable Insights Bullish Scenario: Hold if price sustains above 3,304.000 (entry resistance). Next target: 3,308.000. Bearish Caution: If price falls below 3,294.000 (S/L), exit to limit losses. Watch for rejection at 3,304.000 (potential reversal). Market Context: Gold is sensitive to USD strength and geopolitical events. Monitor broader trends for confirmation.
OANDA:XAUUSDLong
by Tdawly_Official
Beyond the Chart – GOLD Market Technical Analysis🧠 OANDA:XAUUSD Market Outlook: Gold (XAU/USD) ✅ Bullish Case (Upside Bias) • Price has reclaimed multiple Fair Value Gaps (FVGs) on the way up. • Holding above the 0.382 Fib level (3293) indicates moderate bullish momentum. • A confirmed breakout above 3301 (0.5 Fib) may open the path to key resistance levels: • 3308 (0.618 Fib) • 3314 (0.705 Fib) • 3319 (0.786 Fib) 📌 This move is likely a retracement rally within a broader downtrend — unless price reclaims above 0.786 with strength, confirming a shift in structure. ⸻ 🛠️ Trading Plan • Bullish Setup: Long above 3301, targeting 3308 → 3314, with tight stops. • Bearish Setup: Look for rejection patterns at 3308–3314 zone, targeting a move back to the 3280 area. ⸻ 📘 Disclaimer: This is educational content and not financial advice. Always do your own analysis and manage your risk accordingly
OANDA:XAUUSDLong
by iamtradingdon
1
XAUUSD: Market Analysis and Strategy for July 29Gold Technical Analysis: Daily chart resistance: 3345, support: 3285 4-hour chart resistance: 3340, support: 3300 1-hour chart resistance: 3330, support: 3308. After last week's sharp decline, gold continued its decline yesterday, breaking below its opening low and continuing its downward trend, reaching a low near 3300. In the short term, selling pressure is strong, but the rebound is weak, with a rebound high of 3330. In terms of intraday trading, yesterday's low of 3301 was followed by a rebound. Focus on the resistance range of 3330-3338. Selling is recommended if the price is trading sideways between 3330-3338, with a defense of 3340. If it falls below 3300, the next target will be 3285. Sell: 3338 Buy: 3302 Sell: 3300
OANDA:XAUUSDShort
by ActuaryJ
Gold Price Rally: Why Hedge Funds Are Making Their Biggest Bet Glimmer of Gold: Why Hedge Funds Are Making Their Biggest Bullish Bet in Months In the complex and often turbulent theater of global finance, the movements of so-called "smart money" are watched with an eagle's eye. When these sophisticated players, particularly hedge funds, move in concert, it often signals a fundamental shift in market sentiment. Recently, a powerful signal has emerged from the depths of the commodities market: hedge funds have dramatically increased their bullish bets on gold, pushing their net long positions to a 16-week high. This aggressive positioning is not a random fluctuation; it is a calculated response to a potent cocktail of persistent geopolitical instability, simmering trade tensions, and a growing conviction that the global economic landscape is tilting in favor of the ultimate safe-haven asset. The surge in bullish sentiment represents a significant vote of confidence in the yellow metal. It suggests that some of the world's most well-resourced and analytically driven investors are looking past the daily noise of equity markets and are instead positioning themselves for a future where security, stability, and tangible value take precedence. They are not merely dipping their toes in the water; they are making a decisive, leveraged bet that the forces buffeting the global economy will continue to drive capital towards gold's enduring allure. This move has sent ripples across the financial world, prompting investors of all stripes to ask a critical question: What does the smart money see that we should be paying attention to? Decoding the Data: A Sharp Turn Towards Bullishness To understand the magnitude of this shift, one must look to the weekly Commitments of Traders (COT) report published by the U.S. Commodity Futures Trading Commission (CFTC). This report provides a detailed breakdown of positions in the futures markets, separating traders into different categories, including "Managed Money." This category, which primarily consists of hedge funds and commodity trading advisors, is a key barometer for speculative sentiment. The latest data reveals a sharp and decisive increase in bullish conviction. Hedge funds significantly ramped up their gross long positions—outright bets that the price of gold will rise. Simultaneously, they have been closing out their short positions—bets that the price will fall. The combination of these two actions has a powerful magnifying effect on the "net long" position, which is the difference between the number of long and short contracts. Reaching a 16-week high is particularly noteworthy. It indicates a reversal of previous caution or bearishness and the establishment of a new, more aggressive bullish trend. For months, hedge funds may have been hesitant, weighing the prospects of higher-for-longer interest rates against emerging geopolitical risks. The current data shows that the scales have tipped decisively. This isn't a gradual accumulation; it's a forceful pivot, suggesting a high degree of conviction in the upside potential for gold. This influx of speculative capital acts as a powerful tailwind for the gold price, creating upward pressure as more funds chase the emerging momentum. The Three Pillars of the Golden Thesis The coordinated move by hedge funds is not based on a single factor but on a confluence of three powerful, interlocking macro-economic and geopolitical narratives. Each pillar reinforces the others, creating a compelling case for holding gold. 1. The Unsettled World: Geopolitical Risk as a Prime Catalyst Gold has, for millennia, served as the ultimate barometer of fear. In times of peace and prosperity, its appeal can wane in favor of assets that offer growth and yield. But in an environment of escalating geopolitical tension, its value proposition becomes unparalleled. The current global landscape is rife with such tensions. Persistent conflicts in key regions continue to create uncertainty, threatening to disrupt energy supplies, shipping lanes, and international relations. The risk of these conflicts widening or drawing in other powers keeps a floor under the demand for haven assets. Beyond active conflicts, the world is witnessing a broader realignment of global power. The rise of multi-polarity and the challenging of the post-Cold War order create a backdrop of systemic instability. Furthermore, political uncertainty within major economies adds another layer of risk. Election cycles in dominant nations can lead to unpredictable policy shifts on everything from trade and taxation to international alliances. This policy uncertainty makes investors nervous, prompting them to allocate capital to assets that are insulated from the whims of any single government or political outcome. Gold, being a stateless monetary asset with no counterparty risk, is the natural recipient of these capital flows. Hedge funds are betting that these geopolitical undercurrents will not only persist but potentially intensify, making gold an essential portfolio hedge. 2. The Friction of Trade: A Drag on Global Growth The era of seamless globalization has given way to a period of strategic competition and trade friction. The ongoing trade disputes between the world's largest economic blocs, most notably the United States and China, have moved beyond mere rhetoric and are now an entrenched feature of the global economy. Tariffs, export controls, and national security-driven industrial policies are disrupting long-established supply chains and creating a more fragmented and less efficient global marketplace. This environment is a significant headwind for global economic growth. The uncertainty surrounding trade policy makes it difficult for businesses to make long-term investment decisions, dampening corporate spending and hiring. Slower global trade directly translates to slower economic growth, which in turn puts pressure on corporate earnings and equity valuations. In this context, gold shines. As an asset that does not rely on economic growth to generate returns, it acts as a valuable diversifier in a portfolio dominated by stocks and bonds. When growth falters, gold's role as a store of value becomes more pronounced. Hedge funds are positioning for a scenario where persistent trade tensions continue to weigh on the global economy, making riskier assets less attractive and defensive assets like gold more appealing. 3. The Central Bank Pivot: Anticipating Looser Money Perhaps the most powerful financial driver for gold is the outlook for monetary policy, particularly from the U.S. Federal Reserve. The price of gold has an inverse relationship with real interest rates (interest rates minus inflation). When real rates are high, the opportunity cost of holding a non-yielding asset like gold is also high, as investors can earn a handsome, risk-free return in government bonds. Conversely, when real rates are low or falling, the opportunity cost of holding gold diminishes, making it a more attractive investment. For the past couple of years, central banks have been in a fierce battle against inflation, raising interest rates at an aggressive pace. However, the market is now increasingly looking ahead to the next phase of the cycle: rate cuts. While the timing is still a matter of debate, the consensus is that the next major policy move from the Fed and other major central banks will be to lower rates to support a slowing economy. Hedge funds are front-running this anticipated pivot. They are accumulating gold now in expectation that falling interest rates in the future will provide a significant tailwind for its price. Even before the cuts materialize, the mere expectation of looser monetary policy is enough to fuel a rally. Furthermore, there is a persistent fear that central banks might make a policy error—either by keeping rates too high for too long and triggering a deep recession, or by cutting rates too soon and allowing inflation to become re-anchored. Either scenario is bullish for gold, which performs well during both economic downturns and periods of high inflation. This speculative demand from hedge funds is layered on top of a powerful, long-term structural trend: voracious buying from the world's central banks. For several years, central banks, particularly those in emerging markets like China, India, and Turkey, have been steadily diversifying their foreign reserves away from the U.S. dollar and into physical gold. This "de-dollarization" trend is a strategic move to reduce dependence on the U.S. financial system and to hold a neutral reserve asset in an increasingly fractured world. This consistent, price-insensitive buying from official institutions creates a strong and stable floor of demand for gold, providing hedge funds with the confidence to build their own large, speculative positions on top of it. Conclusion: A Resounding Vote for a Golden Future The sharp increase in bullish gold bets by hedge funds is more than just a statistic; it is a story about risk, fear, and the search for security in an uncertain world. It reflects a growing consensus among sophisticated investors that the confluence of geopolitical turmoil, economic friction, and an impending shift in monetary policy has created a uniquely favorable environment for the precious metal. These funds are acting as canaries in the coal mine, signaling a potential increase in market volatility and a flight to safety. Their aggressive positioning, backed by billions of dollars in capital, can become a self-fulfilling prophecy, driving prices higher and drawing in more waves of investors. As the world continues to grapple with deep-seated structural changes, the decision by the "smart money" to make its largest bullish wager on gold in months is a clear and resounding signal: in the quest for a safe harbor, all that glitters is, once again, gold.
OANDA:XAUUSDLong
by bryandowningqln
Still a chance for gold bulls? 💡Message Strategy The gold market was volatile this week, and gold prices ultimately closed lower for the week. Gold prices have failed to stabilize above $3,400 an ounce after a bullish breakout. The technical outlook highlights the recent indecision of gold bulls. Looking ahead to next week, the Fed's policy statement and US-China trade talks could trigger the next big move for gold. These important factors may trigger the market next week 1. The Fed will announce its monetary policy decision after its policy meeting on July 29-30. Before the Fed meeting, the U.S. Bureau of Economic Analysis will release its first estimate of annualized growth in gross domestic product (GDP) in the second quarter. 2. Next Friday, the U.S. Bureau of Labor Statistics will release the July employment report. If the non-farm payrolls (NFP) increase by more than 100,000, it may indicate that the labor market is in good enough condition for the Fed to prioritize controlling inflation and support the dollar when making policies. If the new non-farm payrolls data reaches or falls below 70,000, the dollar may find it difficult to find demand before the end of next week and help gold gain bullish momentum. 3. Market participants will be closely watching the headlines of the US-China negotiations. If the two sides make further progress in trade and economic relations, risk flows may dominate the actions of financial markets, making it difficult for gold to find demand. 📊Technical aspects The short-term technical outlook highlights the hesitation among gold buyers. The daily chart shows that the relative strength index (RSI) remains just below 50, and gold is struggling to move away from both the 20-day simple moving average (SMA) and the 50-day SMA after breaking above both levels earlier this week. If the price of gold falls to the key support level of $3,310 and fails to break down (trend line support/Fibonacci 61.8% retracement level), it will force a large number of shorts to exit the market and may further test the $3,340 range (psychological level/Fibonacci 76.4% retracement level). Combined with the current trend, the downward momentum of gold has weakened, and it is seeking support to restart the long position 💰Strategy Package Long Position:3310-3320，SL：3290，Target: 3340
OANDA:XAUUSDLong
by TheodoreSilas
DAILY SCALPING PLAN | CLINTON SMC STYLE✅ XAU/USD - DAILY SCALPING PLAN | CLINTON SMC STYLE 📆 Date: August 1st, 2025 📍 Strategy: Smart Money Concepts (SMC) 🔑 Focus: Liquidity Sweep | Order Block | BOS | Premium/Discount Model 🔍 Market Overview Gold (XAU/USD) is currently in a manipulation phase after a strong move down from a premium supply zone. The market has swept key liquidity and is preparing for a high-probability move in both directions based on Smart Money footprints. Current structure suggests: Bullish intent forming from a discount demand zone. Liquidity resting above recent highs – perfect for short-term scalps and intraday swings. 🟢 BUY SETUP – DISCOUNT DEMAND REACTION 🎯 Entry: 3275 🛡️ Stop Loss: 3268 🎯 Take Profits: TP1: 3285 TP2: 3295 TP3: 3305 TP4: 3315 TP5: 3325 TP6: 3335 Reasoning: This is a clean bullish OB resting beneath a CHoCH and BOS zone. Price may wick into this area as Smart Money reloads after sweeping early long positions. If held, expect sharp upside expansion toward previous liquidity highs. 🔴 SELL SETUP – PREMIUM SUPPLY REJECTION 🎯 Entry: 3356 🛡️ Stop Loss: 3362 🎯 Take Profits: TP1: 3350 TP2: 3345 TP3: 3340 TP4: 3330 TP5: 3320 Reasoning: This level is a key supply block where price previously distributed. If price expands into this zone, it’s likely to act as a liquidity magnet for Smart Money to offload longs and enter short-term shorts. Expect reaction. 🧠 SMC Insights Internal BOS & CHoCH signal early signs of accumulation. Price respects the premium vs. discount framework with clear liquidity targets. SMC traders understand that price doesn’t move randomly – it targets liquidity, mitigates OBs, and respects structure. 🔔 Note: Always wait for clear confirmation (rejection wick, engulfing pattern, or M15 structure shift) before execution. Entries without confirmation are riskier in current volatility. 📌 Follow @ClintonScalper for daily SMC scalping plans & deep institutional insight. 🔁 Like, comment & share if you find this helpful!
OANDA:XAUUSDLong
by SCALPER-Clinton
2
Gold Trade plan 30/07/2025Dear Traders, This chart represents the XAU/USD (Gold / U.S. Dollar) pair on a 4-hour timeframe. The market is showing a series of Fibonacci retracements and key levels, with potential price action zones marked for future movements. Key Levels: Resistance Zones: At 3,422.105 (near the green line), followed by the 3,386.171 level (Fibonacci 0.618). Support Zones: Major support is visible near 3,282.131 (bottom of the chart), with additional minor support levels at 3,305.000 and 3,293.000. Mid-range Support: Around 3,369.987. Potential Price Action: The price recently dropped from higher levels, breaking below the previous support levels. The market seems to be testing lower support zones. A potential move down towards 3,284.116 or 3,282.131 is likely if the current support levels do not hold. Conversely, if price action holds the current support zone (3,329.040), a retest of the higher resistance at 3,350.163 could occur. Fibonacci Levels: Retracement Levels: The Fibonacci retracement is drawn with key levels, particularly around 3,372-3,378 and 3,349-3,357, acting as strong support or resistance. Extensions: There is potential for the price to move towards the 3,420 region if resistance levels break. Strategy Suggestion: Short Position: Targeting lower levels near 3,282.131 or 3,284.116. Long Position: If price holds above 3,329.040, target resistance at 3,350.163 and beyond. Regards, Alireza!
OANDA:XAUUSDShort
by alirezak
Gold Market Outlook – 1H ChartGold (XAU/USD) continues to show bearish momentum with lower highs and consistent structural breakdowns. Price is currently consolidating just above a key support zone (~3315), forming a descending triangle pattern — often a bearish continuation signal. If the support breaks, the next liquidity zones lie around 3270–3250, with a deeper target near 3225, as highlighted by the green demand areas. Fundamental catalysts ahead (as shown by US economic events) could act as triggers.
TVC:GOLD
by AlgoWave_Tech
GOLD BUY TRADE IDEA • Price Action Context: • Recent bearish leg shows a clear shift from premium to discount territory. • Market is approaching a higher timeframe demand zone around $3,277 – $3,299 (highlighted red zone). • Notable inducement below recent lows suggests engineered liquidity to fuel a potential reversal. • Current Market Structure: • After a deep retracement, price is expected to tap into the discount zone, where institutional buy orders may be resting. • Anticipated bullish reaction following a liquidity sweep of the lows and demand mitigation. • Smart Money Flow: • Inducement ➝ Liquidity Grab ➝ Demand Tap ➝ Bullish Reaction setup in play. • Internal structure likely to shift bullish after a sweep, potentially forming a higher low and aiming for a BOS (Break of Structure) on the upside. • Upside Target: • Short-term target area: $3,360 – $3,380. • Possible continuation toward premium if internal structure confirms strength. 🧠 Smart Money Narrative: 1. Induced sell-off below structure for liquidity collection. 2. Approaching major POI (Point of Interest) in discount. 3. Anticipated entry point for institutions to buy gold at value. 4. Reversal expected toward premium imbalance areas.
OANDA:XAUUSDLong
by RayForexlyfe
Gold Next Move Possible Hello Traders, Today I’m back with another idea. As you know gold has changed the trend from bullish to the bearish. The gold has fallen from the area 3438 to 3351. Now the current price is 3358. I’m looking for the sell zone, In my view gold will drop till 3310. I’m monitoring the sell zone 3364-3371, when the market touches the zone, I will add sell and my target will be 3310. Keep in bear my first target is 3351, second target is 3337 and the last target is 3310. In the case if price breaks the 3377 area then we will have to wait until confirmation for another setup. Stay Tune for every update. Kindly share your ideas and leave positive comments. Thanks Everybody.
TVC:GOLD
by Zayn_GTH
Gold (XAU/USD) Daily Trading Plan - 28th July 2025🔺 Technical Analysis Gold opened the Asian session this week with a slight retracement, testing the 0.382 Fibonacci Retracement level before bouncing back strongly to last week's closing price around 3339. This move further solidifies the price action from a technical perspective. Notably, gold has broken through a minor resistance on the M15 timeframe, invalidating the bearish structure and forming a full-bodied H1 candle. This sets the stage for a potential corrective uptrend to unfold. On the Daily timeframe, the initial session's decline retested the bullish trendline and bounced back within the boundaries of the flag pattern. It's likely that this week, the price will continue towards the end of this pattern, providing a clearer confirmation of the medium-term trend. 🔺 Key Macroeconomic News This week promises to be volatile with several crucial economic announcements, particularly as it marks both the end of the month and the start of a new one. Two key events that traders should pay close attention to are: FOMC Interest Rate Decision: Always a focal point for the market, with significant impact on safe-haven assets like gold. Non-Farm Payroll (NFP) Report: Vital US labour market data, capable of triggering substantial movements in both the USD and gold. Therefore, be prepared for potential market shocks and exercise careful risk management. 📈 Trading Strategy & Considerations Given the technical setup and upcoming macroeconomic events, consider the following: Potential Corrective Uptrend: The invalidated bearish structure on M15 and the strong H1 candle suggest a short-term bullish bias for a corrective move. Daily Flag Pattern: Monitor price action as it approaches the end of the flag pattern on the Daily timeframe for medium-term trend confirmation. High Volatility Ahead: Exercise extreme caution around the FOMC and NFP announcements. These events can lead to significant and rapid price swings. Risk Management: Prioritise strict risk management. Consider reducing position sizes or employing wider stop-losses during high-impact news events. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading involves significant risk, and you should only trade with capital you can afford to lose.
OANDA:XAUUSDLong
by MMFlowTrading