Trading strategies for today’s US non-farm payrolls data

​​Gold layout analysis: The white market fluctuations on Friday are still sideways, and there is not much room for operation. We continue to wait and see. Focus on the non-farm payrolls announced in the afternoon. According to the results released in the past, the value of the non-farm payrolls announcement in the evening is expected to be greater than the forecast value, thus increasing the probability of negative news. Due to the excessive fluctuations in the early stage, after the evening data is released, the market should continue the trend from Wednesday to Thursday and continue to fluctuate and fall. Of course, this is just my analysis, and we still have to wait for the non-agricultural data to be released before we can confirm it. Therefore, we cannot be too aggressive in pursuing long orders in today's operation. Instead, make plans based on market trends.



Back to the topic: At present, the trend of gold has encountered obstacles and has fallen back. We can’t go long blindly, and there will be non-agricultural data released in the evening, so we still mainly sell high and buy low

Let’s look at 1936-1933 below first today. When you reach this range, look for a low point to enter the market and go long, SL1927 position. The target is above 1945.

If the European and American market rises to the 1950-1952 position, you can participate in short orders. SL1958 position, the target looks at the 1943 position below.