Gold price war is about to break out
Updated
The U.S. ADP employment data for October was released. It was worse than expected, but it was better than last month's 89,000, which indirectly shows that the employment situation is still too ideal.
The focus is today's non-farm payrolls data, which is the main factor that will break the current situation.
This time, the expected number of new non-farm payrolls jobs is 180,000, compared with the previous value of 336,000. If the final result is between 180,000 and 336,000 or less than 180,000. It will definitely have a positive impact on the market.
Gold support level is 1975. Resistance level is 2007. These two key positions mean the direction of rise and fall.
Taking into account the impact of non-farm payrolls data, gold will fall.
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U.S. non-farm payrolls data falls short of expectations. It's 150,000The expected number of new non-farm payrolls jobs is 180,000, compared with the previous value of 336,000. If the final result is between 180,000 and 336,000 or less than 180,000. It will definitely have a positive impact on the market.
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1972
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