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silverwolftraders029

Non-Farm Payroll (NFP) The Non-Farm Payroll (NFP) is a crucial U.S. economic indicator that tracks changes in the total number of paid workers, excluding farm workers, federal employees, private household workers, and nonprofit staff. It is released on the first Friday of every month and significantly impacts the forex market due to its implications for economic...

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🌍 Market Overview: Gold Bullish Expansion Continues bullish momentum, reaching a new All-Time High (ATH). Driven by USD weakness and improved global sentiment. Key Drivers: 🔹 Postponed Tariffs: Delay on tariffs for Canada & Mexico boosted investor confidence. 🔹 China's Retaliation: Symbolic tariff actions by China, with minimal real economic impact. ...

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💡 Key Economic Updates for the Week: Nonfarm Payrolls (Friday): Expected to indicate solid job growth. Likely to influence USD strength. Impact on Gold: May react inversely to USD performance based on labor market data. ISM Services PMI (Thursday): Provides insights into economic activity and inflation trends. Federal Reserve Watch: Traders...

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📝 Develop a Trading Plan • Start with a Plan: Avoid jumping into trades without preparation. A solid trading plan is your blueprint for success. • Key Components: Define your entry points, stop-loss levels (to limit losses), and target profit levels in advance. • Why It Matters: A structured plan provides clarity during stressful trading...

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💡 Key Observations 1. Ranging Market (15-Minute Timeframe): o The price is consolidating within a tight range near $2762, showing indecision in the market. This is a typical behavior before a breakout or breakdown. 2. Order Blocks (OB): o OB on 1H: The $2771-$2772 zone is still acting as a strong resistance. Multiple price rejections...

silverwolftraders029 Updated 

💡 Fundamental Effect : - Gold has entered a range-trading phase as it factors in the potential impacts of the Federal Reserve meeting, possible interest rate cuts, and a correction in equity markets following news about Chinese AI model DeepSeek, according to Norman. - On Monday, a sell-off in technology stocks triggered by DeepSeek news led investors to...

silverwolftraders029 Updated 

Gold prices were little changed on Wednesday as market participants awaited the U.S. interest rate verdict, while the spotlight was also on President Donald Trump's trade policies amid fresh tariff threats. 💡Key Market Influences: Asian Bank Holiday (Lunar New Year): Liquidity will be significantly lower today, which may lead to a tighter price range in the...

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Key Levels: 1. Resistance Levels: o The red supply zone above (around 1.04500) represents a key resistance area. Price has rejected this level in the past, showing that sellers are active there. o Another small resistance zone is identified near 1.04390 from previous candles. 2. Support Levels: o The light blue demand zone below (1.04126) acts as a...

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Fundamental effect on gold : • Gold Price Movement: o Gold remained steady around $2,730 per ounce on Tuesday, following a recent decline. o Traders are anticipating the Federal Reserve’s two-day policy meeting starting later today. • Federal Reserve Expectations: o The Fed is expected to leave interest rates unchanged. o Market focus will be on Fed Chair...

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Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...

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OANDA:XAUUSD Daily Plan for XAUUSD: Gold Opens the Week with a Price Gap Market Overview In Asian Session Price Gap Down Open 2671 -2764 (50 Pips) Technical Insights Current Price Range: Gold is fluctuating between $2,773 and $2,756, forming a temporary range of about 170 pips. This range is expected to hold during the Asian sessions unless disrupted by key...