XAU / USD trend forecast December 09, 2024! SCALPING
The US Bureau of Labor Statistics (BLS) announced on Friday that Nonfarm Payrolls (NFP) increased by 227,000 in November, significantly higher than October's upwardly revised figure of 36,000 and exceeding the forecast of 200,000.
Additionally, the report showed the Unemployment Rate rose slightly to 4.2% in November, as anticipated, compared to 4.1% in October. This data has strengthened market expectations that the Federal Reserve might proceed with a 25-basis-point rate cut during its upcoming meeting this month.
sideway around trendline - waiting for BUY signal
/// BUY XAU : zone 2635-2632 scalping
SL: 2629
TP: 40 - 80 - 150 pips (2647)
Safe and profitable trading
The US Bureau of Labor Statistics (BLS) announced on Friday that Nonfarm Payrolls (NFP) increased by 227,000 in November, significantly higher than October's upwardly revised figure of 36,000 and exceeding the forecast of 200,000.
Additionally, the report showed the Unemployment Rate rose slightly to 4.2% in November, as anticipated, compared to 4.1% in October. This data has strengthened market expectations that the Federal Reserve might proceed with a 25-basis-point rate cut during its upcoming meeting this month.
sideway around trendline - waiting for BUY signal
/// BUY XAU : zone 2635-2632 scalping
SL: 2629
TP: 40 - 80 - 150 pips (2647)
Safe and profitable trading
Trade active
Break 2655, gold price is fluctuating on the recovery trend in the price range 2660-2670
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.