Strifor || XAUUSD-⚡️Non-farm⚡️

Preferred direction: BUY
Comment: A deeper downward movement is expected today for metals than for the same currency pairs. That is, this is most likely a deeper false breakdown downwards. In particular, for gold, this is a movement towards the support level of 1981.683, touching which is not excluded. However, especially in the more medium term, another strengthening of the metal is expected.

As we know, today is ⚡️NFP⚡️ day. More promising deals, according to the expert, will be for the Euro and the British Pound (these ideas are also in today's analysis). Taking into account the expected increased NFP volatility, scenario 2 is more conservative.

As a target, it currently stops in the 2080-2100 area. However, the medium-term prospects are higher, towards the historical high.

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Operación activa

Operación activa:

Another update to current lows is expected following the release of the NFP.
The instrument retains its growth potential, but most likely only after another, small fall in the frameworks of updating current minimums.