Bad NFP! Gold Buys! #shorts #xauusd #nfp

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Today during our Live NY Scalping session in the Private Channel held 5x a week we adapted to and took advantage of Gold buys with investors further digesting and pricing in the poor non farm payrolls report. This gives hints that the tapering process by the FEDs may be delayed as well as weakened the US dollar and fundamental bullish confirms for Gold.

We waited for technical breaks of intraday highs 1772 Key level and retests on the 1 min time frame to take scalps back up to highs for 50 pips and risk free runner positions for 80+ pips

T.me/monsterfinancefx
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Hahahhaa on days like this.. like today.. I look at the 🪙 gold chart in the AM and saw the value at 1780 on the dot.. Curiously, I saw a market breakdown from Jev a week ago specifying the gold levels to watch. I laughed so hard this morning while thinking: There he goes again (Jev) ON THE DOT.. & I can listen in the back of my head his voice laughing/screaming ON THE DOT. This guy is on another level guys. Period

jorgetasse
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Preparation is key, CH was prepared for the entire week.

sebby_
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Great content man, quick question. So on the 1min tf there was a close below then close above 1772, is this what you class as a retest? Just as I’ve seen others say the wait for wicks from a specific level to class it as a ‘retest’. Would love to hear your thoughts, keep up the good work!

sammaclennan