NFP DAY, XAU

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NFP DAY, XAUGoldOANDA:XAUUSDX_GoldenBoy_XHi, I'm Maicol, an Italian trader. I've been studying Gold since 2019. My trading approach focuses on swing trading and intraday setups. I need your support. Please leave a like and follow my profile. It may seem like a small gesture, but it makes a big difference to my work. Make sure to read the full description to understand today's trading plan. Don't focus only on the chart. Thank you. 🌞 GOOD MORNING EVERYONE 🌞 Today we have the NFP release, which is certainly an important event. Be careful not to anticipate the data. Personally, as always, I'll wait for the release and then assess the market over the following hours to decide how to approach it, if the opportunity allows. Otherwise, I'll leave it until Monday. 🟒 Scenario 1 – Weak NFP | Gold LONG - NFP below 65K, especially below 40K. - Unemployment above 4.2%, meaning 4.3% or higher. - Monthly average hourly earnings below 0.3%, ideally 0.2% or lower. What I'd like to see: - US 2-year yield moving lower. - DXY moving lower. - Real yields potentially declining. - Gold confirming the bullish reaction. πŸ”΄ Scenario 2 – Strong NFP | Gold SHORT - NFP above 65K, especially above 100K. - Unemployment below 4.2%, meaning 4.1%. - Monthly average hourly earnings above 0.3%, especially 0.4% or higher. What I'd like to see: - US 2-year yield moving higher. - DXY moving higher. - Real yields potentially increasing. - Gold confirming the bearish pressure. ⚠️ Scenario 3 – Mixed Data | NO TRADE - Strong NFP but rising unemployment. - Weak NFP but significantly stronger wage growth. - NFP in line with expectations, weaker wages and unchanged unemployment. In this case, I wouldn't anticipate anything. I'd wait for yields and the US dollar to show which component is having the strongest impact on the market. If the data doesn't deliver a meaningful surprise, we need to remain cautious. I don't want to guess the numbers. I want to trade the market's reaction to the data. Patience. Always. Good trading everyone! πŸ“ˆ Let’sgosky πŸš€ Peace ✌️ πŸ”” Turn on notifications so you don't miss any updates! πŸ“¬ If you have any questions, feel free to message me. I'll be happy to help. πŸ” Reminder πŸ” I avoid trading during the Asian and London sessions. My main focus is on the high-impact news releases at 8:30 AM ET and the New York session open at 9:30 AM ET. In the meantime, I wish everyone a great day. HAPPY TRADING MANAGE YOUR RISK BE PATIENT