Gold Surges Higher – Will It Hit a New ATH Before NFP?
🌍 Market Overview:
Gold continues its bullish rally, reaching a new All-Time High (ATH). This movement is driven by a weaker USD and shifts in trade policies under the Trump administration.
🔹 Tariff delays on Canada & Mexico boost market sentiment
🔹 China’s retaliatory tariffs are largely symbolic, with minimal economic impact
Additionally, weak U.S. economic data further fueled gold’s upward momentum:
📉 JOLTS Job Openings: Below expectations, signaling a weakening labor market
🏠 Factory Orders Decline: Indicating a slowdown in the manufacturing sector
⚡ What’s Next?
👉 Gold has reached the 2848 - 2850 Fibonacci Extension (FE) resistance zone. However, selling pressure remains weak, and price action continues to favor the bulls.
⚠️ Avoid blind short positions!
📊 Trading Plan for the European Session – CMF SimpleTrade
🔥 With USD weakening and gold remaining strong, long positions are preferred
⚠️ Shorts should only be considered after confirmed rejection at psychological & Fibonacci resistance levels
🔵 Scalping Buy:
📍 Entry: 2830 - 2828
❌ Stop Loss: 2825
🎯 Targets: 2835 - 2840 - 2844 - 2848 - 2855
🟢 Buy Zone:
📍 Entry: 2822 - 2820
❌ Stop Loss: 2816
🎯 Targets: 2826 - 2830 - 2834 - 2838 - 2845 - 2850 - ???
🔴 Scalping Sell:
📍 Entry: 2879 - 2881
❌ Stop Loss: 2885
🎯 Targets: 2875 - 2870 - 2866 - 2862 - 2858 - 2852
🔻 Sell Zone:
📍 Entry: 2893 - 2895
❌ Stop Loss: 2898
🎯 Targets: 2890 - 2886 - 2882 - 2878 - 2872 - 2865
⚠️ Key Notes:
The market remains highly volatile with low liquidity, making it susceptible to market maker manipulations.
📉 Avoid liquidity traps and emotional trading!
✅ Stick to TP/SL strategies to protect your capital!
📩 Follow KevinNguyen-SimpleTrade for real-time market insights & trading strategies! 🚀
💬 Will gold continue to rally, or is a correction coming?
👉 Drop your thoughts in the comments and stay updated with market trends! 🚀
Gold continues its bullish rally, reaching a new All-Time High (ATH). This movement is driven by a weaker USD and shifts in trade policies under the Trump administration.
🔹 Tariff delays on Canada & Mexico boost market sentiment
🔹 China’s retaliatory tariffs are largely symbolic, with minimal economic impact
Additionally, weak U.S. economic data further fueled gold’s upward momentum:
📉 JOLTS Job Openings: Below expectations, signaling a weakening labor market
🏠 Factory Orders Decline: Indicating a slowdown in the manufacturing sector
⚡ What’s Next?
👉 Gold has reached the 2848 - 2850 Fibonacci Extension (FE) resistance zone. However, selling pressure remains weak, and price action continues to favor the bulls.
⚠️ Avoid blind short positions!
📊 Trading Plan for the European Session – CMF SimpleTrade
🔥 With USD weakening and gold remaining strong, long positions are preferred
⚠️ Shorts should only be considered after confirmed rejection at psychological & Fibonacci resistance levels
🔵 Scalping Buy:
📍 Entry: 2830 - 2828
❌ Stop Loss: 2825
🎯 Targets: 2835 - 2840 - 2844 - 2848 - 2855
🟢 Buy Zone:
📍 Entry: 2822 - 2820
❌ Stop Loss: 2816
🎯 Targets: 2826 - 2830 - 2834 - 2838 - 2845 - 2850 - ???
🔴 Scalping Sell:
📍 Entry: 2879 - 2881
❌ Stop Loss: 2885
🎯 Targets: 2875 - 2870 - 2866 - 2862 - 2858 - 2852
🔻 Sell Zone:
📍 Entry: 2893 - 2895
❌ Stop Loss: 2898
🎯 Targets: 2890 - 2886 - 2882 - 2878 - 2872 - 2865
⚠️ Key Notes:
The market remains highly volatile with low liquidity, making it susceptible to market maker manipulations.
📉 Avoid liquidity traps and emotional trading!
✅ Stick to TP/SL strategies to protect your capital!
📩 Follow KevinNguyen-SimpleTrade for real-time market insights & trading strategies! 🚀
💬 Will gold continue to rally, or is a correction coming?
👉 Drop your thoughts in the comments and stay updated with market trends! 🚀
Trade active
🔥 Gold & USD: Key Market Moves After ADP and ISM PMI 🔥
📊 Key Economic Events Recap
ADP Nonfarm Employment Change:
Previous: 122K | Forecast: 148K | Actual: 183K
Impact: Positive for USD, with short-term strength reflecting better-than-expected labor market data.
ISM Services PMI:
Weak data shortly after the ADP report reignited concerns about the US economy, causing USD to weaken again.
👉 Market Reaction: Gold initially retraced after ADP but rebounded strongly following ISM PMI, resuming its bullish momentum.
💡 Gold Analysis & Plan
Gold retraced to a critical Continuation Pattern (CP) area to fill liquidity gaps (FVG) before rebounding sharply. The primary trend remains bullish, with key resistance levels to watch.
🔗 Chart for Reference:
📈 Trading Plan
Buy Zone: Focus on opportunities near FVG areas or confirmed bullish signals.
Resistance Levels: Monitor key zones highlighted in the chart above.
⚠️ Note: Maintain strict TP/SL levels to protect your capital during volatile conditions.
📩 Follow KevinNguyen-SimpleTrade for expert market insights and strategies! 🚀
💬 What are your thoughts on gold and USD? Drop a comment and let’s discuss!
Trade closed: target reached
🔥 150 Pips Secured – Precision Trading at Its Best! 🔥
💰 Massive WIN! The 2879 - 2881 price zone, highlighted in advance from the Asian to European session, delivered a perfect market reaction in the U.S. session, triggering a powerful drop and securing FULL TP with nearly 150 pips profit! 🎯📉
🚀 This is why planning ahead matters!
👉 Crystal-clear setup – Precise entry – Maximum profit secured!
📊 Are you still missing out on high-probability trades like this?
Stop guessing & start trading with confidence!
🔗 Check the chart breakdown:
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💬 Did you ride this move? Comment below and share your results! 🔥
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💥 Highlights for the Week
✅ Gold Signals: 4️⃣-6️⃣ signals daily, optimized for scalping!
✅ Forex Signals: 5️⃣-8️⃣ high-quality trades
👉 t.me/+mkv-zomlVRIxMjBl
👋 KevinNguyen-SimpleTrade brings you exciting updates this week:
💥 Highlights for the Week
✅ Gold Signals: 4️⃣-6️⃣ signals daily, optimized for scalping!
✅ Forex Signals: 5️⃣-8️⃣ high-quality trades
👉 t.me/+mkv-zomlVRIxMjBl
💥 Highlights for the Week
✅ Gold Signals: 4️⃣-6️⃣ signals daily, optimized for scalping!
✅ Forex Signals: 5️⃣-8️⃣ high-quality trades
👉 t.me/+mkv-zomlVRIxMjBl
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