*Guys, quick update regarding GOLD* 👇
As per our technical analysis, market structure was indicating buys, and everything was aligned from that perspective. ✅
But now there’s an important fundamental factor:
On Friday, NFP data was released, and USD came out strong positive 📊
➡️ Strong USD = Pressure on Gold
➡️ This creates a possibility that GOLD may open with a gap down (gap down opening) on market open
So right now, we have a mixed scenario:
• Technicals → Buy side
• Fundamentals → Sell pressure
👉 That’s why, don’t rush on market open
👉 Wait for confirmation after opening
👉 Let the market settle, then we’ll plan entries smartly
I’ll share charts/picture for better understanding as well 📉
Stay patient & follow the plan no panic, no overtrading