June NFPs and labor data is due Friday with a forecast of around 180k jobs added, 4.3% jobless rate and 2.6% wage growth.
We closed our long trade on XAUUSD b4 NFP with 275 pips in profit. Similar to USDJPY , the we are waiting could b active between 1200-1218 , a wide range. After that, gold will have a chance to retrace back to the touch the fan or the green trendline .
Less is more!
hv a great weekend, traders.
coming soon .