XAU / USD trend forecast December 09, 2024! SCALPING
The US Bureau of Labor Statistics (BLS) announced on Friday that Nonfarm Payrolls (NFP) increased by 227,000 in November, significantly higher than October's upwardly revised figure of 36,000 and exceeding the forecast of 200,000.
Additionally, the report showed the Unemployment Rate rose slightly to 4.2% in November, as anticipated, compared to 4.1% in October. This data has strengthened market expectations that the Federal Reserve might proceed with a 25-basis-point rate cut during its upcoming meeting this month.
sideway around trendline - waiting for BUY signal
/// BUY XAU : zone 2635-2632 scalping
SL: 2629
TP: 40 - 80 - 150 pips (2647)
Safe and profitable trading