Stillmore FOREX Academy
🚨 NFP TODAY – TRADE SETUP FOR GOLD (XAUUSD)
🕧 Time: 12:30 GMT
📊 Forecast: 106K NFP | 4.2% Unemployment | 0.3% Wages
✅ Bullish Gold (if NFP ≤ 106k or unemployment rises):
📌 Key Levels:
• Buy above: $3,304
• TP1: $3,312
• TP2: $3,330
• SL: Below $3,270
Sell Setup (only if strong NFP):
✅ Bearish Gold (if NFP > 160k & earnings rise):
• Sell below: $3,270
• TP: $3,250 → $3,232
• SL: Above $3,304
⚠️ Gold reacts fast ⬆️to weak jobs + lower yields = bullish
Watch DXY + US10Y closely for confirmation.
✅ Trade the breakout, not the guess. Manage risk.
1️⃣ August Is One of Gold’s Best Months
Since the 1970s, gold has averaged a +1.6% return in August, making it one of its top 3 performing months.
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