The Green back saga continues as ADP Employment came better than expected and it took a toll on Gbp/Usd buying position but surprisingly it didn't impacted Gold much as generally happens and it easily achieved our target after flirting with stop loss though it didn't hit stop but probably this week is going to be make or break for Gold after Non Farm Payroll data which will give Gold further trend.As stocks are keep going up simultaneously investor are nervous about keep investing in it although Dow did made new high but Nasdaq looked tired and for European stocks it very important day today as ECB interest rate decision will give it further way.
Following are trade calls for today,
Following are trade calls for today,
- Sell Usd/Jpy at 93.95 stop above 94.60 target 93.35 or open
- Sell Dax at 7920 stop above 7985 target 7860
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