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GOLD (XAUUSD) forecast due to Non Farm Payrolls (NFP) today.

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Hi dear Traders.
Here is Vugar again. Greetings from USA!

This week was the more profitable due to our signals and its results.
Today is last day of this trading week and have strong NFP news after some hours.
- What is our opinion to Gold during NFP news?
1. I think that the global trend of Gold is upside. But Gold is in correction zone nowadays.
2. Gold created strong level at 1280 and moves as flat in 1280-1300 diapozone.
3. NFP news is waiting as positive, in this case US index will be strong and gold also.
4. But NFP may be negative for US also, we must do insurance for ourselves.
5. I advice that you can put SELL STOP order below 1280 in for example 1279.
6. TP must be 200 pips and SL 150 pips.
7. Also have US employment rate today. If its forecast will be non-changeable and NFP will pozitive then we can see strong US dollar today.

Good luck to all traders! Me also...

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