Gold Trade Idea

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GOLD ANALYSIS FRIDAY 7 OCTOBER -Aj Friday ha, Market ka akhri working day ha.
6 October, Gold open hua tha $1716, High $1725 banaya, Low $1705 banaya aur closing $1709. $7 ki kami hui ha 5 October ki closing sa.
Aj Gold, $1711.65 pe Open hua ha, $1713.24 ka high banaya, $1708.93 ka low banaya ha aur es waqt $1712 pe trade hora ha hai.
Aj Gold ki Support $1695 pe ha aur Resistance $1728. Trend aj ka neutral ha aur volatile bhi. Jesa Fundamental Data release hoga aus taraf Gold ki price jaigi toh Support and Resistance bht ziada important ha.
Aj Pakistan Time, 05:30 PM US Average Hourly Earning, Non Farm Employment Change aur USA Unemployment Rate k figure release hogay.

US Nonfarm Employment Change
Previous 315000
Market expectation 265000

US unemployment rate
Previous 3.7%
Market expectation 3.7%

En sab sa ahem event US Employment rate ha. Agr figures US$ k liye achay atay hain toh Gold ki price apni Support $1695 tak ghirsakhti ha.
Agr Figures US$ k liye bura atay hain toh Gold ki price apni resistance $1728 ya isay mazeed uper jasakhta ha.

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