Gold prices are rising and reaching a 3-week high of 1935 USD/ounce after a series of lower-than-expected US economic data. ADP's national employment report for August only increased by 177,000 jobs, compared with expectations for an increase of 200,000 jobs.
According to experts, the US stock market is trending up. The sentiment of overseas traders and investors has improved, as China continues to implement measures to stimulate the economy, which are positive factors for gold prices.
Short trading plan:
Sell Gold 1953-1955 SL 1960
Plan nonfarm
Buy Gold 1933-1935 SL 1928
Sell gold 1965-1967 SL 1973