Akcapitals analyzed the gold market in response to the upcoming NFP (Non-Farm Payroll) news release. The analysis suggests a potential downward sweep in prices to the range of $2537 through $2528 before the market reacts to the news. This movement could signal volatility, as the market may adjust before deciding its next direction following the NFP release. Traders should watch for reactions around these levels for signs of a potential shift.
Trade closed manually
nfp made a breaker above 2522 ... which implies a buy continuation
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