Non agricultural is coming, the decisive battle of the gold range!

Mondo Finance Updated on 2024-01-28

**Up!**Up!Body temperature** to 385°, this virus wants to take away my strong body, but fortunately I would rather die than accept it, and finally carried it until Friday, and I will have a holiday immediately!Tonight is the non-farm data, excited hearts, trembling hands, finally hope to break the current **range!As long as this position can be broken, anything is possible, and if it is not broken, nothing is possible!

The initial application data released last night, the breakthrough ** that I thought yesterday, although it did break through, but it was only to the 2040 position, and it fell back, and the original ** finishing pattern was useless, and the **sideways time has been quite long, and I heard a sentence yesterday called, how long is the horizontal and how long is the vertical. Now what I'm waiting for is to break the position, but according to normal thinking, I have seen this range, and we all know that the interval breaking will continue, **Will it really go like this?

Let's look at today's non-farm payrolls situation first, not only the non-farm payrolls data tonight, but also one-year inflation expectations and the University of Michigan consumer sentiment index released. Looking at the current situation in the data, the unemployment rate is 3The expected value of 9%, but judging from the current situation, the number of unemployed is still relatively large, and it is very likely that the upset will give a value of 4%, so that ** will definitely go higher. If the non-farm payrolls data is also bullish**, it may be that the 2050-2070 position we can expect can really be reached.

So the hope of ***, not to mention slim, at least before the CPI announcement next Tuesday, should be difficult to fall sharply. If the unemployment rate is upset, but if the non-farm payrolls can also give a higher number of jobs, there may be a big shuffle and sweep. It is good to rise first and then fall, but it is good to fall first and then rise, depending on which direction the market is more inclined after the data is released at 11 o'clock.

Today's data situation is very bad**, and there is a high probability that it is not unilateral, but unilateral after sweeping, and it is easy to be on the road when the long and short are on the road, so what to do in the end can only rely on temporary contingencies. Basically, my expectations were given last night, and 2052 is currently the position that I think can participate in the normal sweep, of course, it may be higher, after all, the article is time-sensitive.

There are also CPI, interest rate decisions, retail sales and other data next week, so today is very important, but it is not very important, because the continuation of ** may also need the cooperation of next week's data, last month** is the negative data, **fall a little to give a face, and then continue to rise, this month so far, a bit of the opposite meaning, that is, the data is bullish, first rise a little to give a face, and then there will be a large **.

This is the case with ADP on Wednesday, the same is true for the wholesale sales monthly rate for October yesterday, and the difference between the wholesale sales monthly rate for October yesterday is very large, only making the ** rise by less than $10. It even hit a new low of the day in the middle of the night. So the current ** is relatively weak, of course, there are risks, the Bank of Japan has recently acted a little differently, withdrawing from monetary easing, etc., we continue to pay attention.

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