TraderVibes_ID

TraderVibes_ID

The result of Friday NFP's data still fails the market's expectation. Besides, the Average Hourly Earnings data has improved, followed by the lower Unemployment rate in the US, which makes the gold price reversed. The possible movements will be sideways, buy around 1735-1730 followed by the resistance area at 1775-1780

TraderVibes_ID

the overview of xauusd before the NFP's data release, buyers seem to dominate the market, hence the market is expected to rise