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NFP News signals trading plan

NFP News time onlu 5 min

The non-farm payrolls report takes on a different dimension this time around due to the firing of the BLS chief. While market expectations are fairly weak (unemployment rising and employment falling), if the result turns out to be much better than this, the reasons behind it and its credibility could be questioned. This is a situation where traders and analysts need to consider the context behind it, not just the numbers. #Fundamental #XAUUSD

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News time only 3 min ‼️‼️‼️

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Gold Price: Gold prices have suddenly fallen after hitting their highest levels in Asian markets. The reason behind this has been attributed to "profit-taking" or profit-taking, as there was no major economic change behind it. 2. Chinese Stock Market: Chinese stock markets have also fallen. As per some reports, the Chinese government is considering taking new steps to control stock market speculation. Among them, it is possible to introduce new rules to ease short-selling and regulate trading. These steps come at a time when the Shanghai Composite is at its highest in 10 years and the CSI 300 index has increased by more than 20%. #Fundamental #XAUUSD

A Chinese brokerage firm, Guotai Haitong Securities, has refuted some recent rumors about China's stock market. Earlier, there were reports that the Chinese government may take some measures to prevent the rapid growth of the stock market, which also affects the stock market to some extent. However, Guotai Haitong Securities said that these reports are completely false. They clarified that the government actually wants to keep the market stable and sustainable, so they want to introduce some new regulations that will encourage long-term and rational investment. According to them, excessive market fluctuations are harmful to the market. The company also said that the recent market volatility is mainly due to rumors and quick profit-taking. However, they still believe that the Chinese stock market will continue to rise. #Fundamental

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