Where next for the USD and gold ahead of NFP?

Where next for the USD and gold ahead of NFP?

by Quantum Trading Comment Closed
https://youtu.be/2q7Ev2V7ASQ What Is NFP and Why Is It Important? NFP stands for Non-Farm Payrolls. It's one of the most influential economic reports in global markets. Released by the US Bureau of Labor Statistics on the first Friday of each month at 8:30 AM ET (13:30 GMT), it measures job creation in the US economy excluding farm workers, government employees, and a few other categories. Over the last few days the US dollar has seen some much-needed upside momentum which in turn has driven the price of gold lower. So how much longer is the is the US dollar set to rise, or for gold to fall? Key Components of the NFP Report Headline Number: Net new jobs added (or lost) last month. Forecast vs actual drives reaction. Unemployment Rate: Percentage of workforce unemployed. Average Hourly Earnings: Wage growth—signals inflation pressure. Revisions: Previous months often adjusted. Strong NFP (beats forecast) = robust economy. Weak = slowdown concerns. Why NFP Is So Important NFP is a top-tier event for...
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Gold delivers during the day trading session

Gold delivers during the day trading session

by Quantum Trading Comment Closed
https://youtu.be/l3hkkT6PcZw Gold Delivers During the Day Trading Session It was another session where patience was required for index traders. But for gold traders, the US dollar gave the precious metal a helping hand lower and nice steady trade Gold delivers strong opportunities during the day trading session. This precious metal reacts to risk sentiment. Volatility creates clear moves. Traders spot high-probability setups in XAU/USD. Why Gold Shines in Day Sessions Gold often leads intraday action. Safe-haven demand or risk-on flows drive it. US session overlap amplifies swings. Volume price analysis (VPA) confirms conviction—high volume on moves shows real participation. Low volume spikes warn of traps. VPA Signals for Gold Day Trading Look for accumulation at lows. High volume support signals buying. Distribution at highs appears on low volume advances. Quantum indicators on NinjaTrader or MT5 highlight these. VPOC marks key levels. Trend Monitor aligns momentum. Practical Tips for Gold Traders Focus on London/US overlap for liquidity. Enter on volume-confirmed breakouts. Pullbacks with support offer entries. Anna Coulling's VPA approach...
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Day trading gold and other commodities in the US session

Day trading gold and other commodities in the US session

by Quantum Trading Comment Closed
https://youtu.be/64-8qg5I2EM In this session Anna and David focus on day trading commodities in the US session and in particular gold which delivered some solid moves for speculative intraday traders and supported by the Quantum Trading tools and indicators. Anna starts the session looking at gold on the MT5 platform which is a great place to start with both renko and time based charts. Then David takes over on NinjaTrader, adding tick charts as a further blended option and using the Tickspeedometer indicator to deliver the precise tick speed setting for the charts. The renko optimiser then provides an additional view on the price action and yet another non time based chart to help with entry and exit points. Using renko charts, tick charts and time based charts together, provides a three dimensional view of the price action giving day traders a unique view with all the pieces of the puzzle helping to provide a unified picture for clear and logical decision making....
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Trading gold today on NinjaTrader renko optimiser

Trading gold today on NinjaTrader renko optimiser

by Quantum Trading Comment Closed
https://youtu.be/F4kybkhjcrg Trading Gold Today on NinjaTrader with the Renko Optimizer Trading gold today on NinjaTrader offers clear opportunities. This precious metal reacts to risk sentiment and USD moves. Volatility creates setups. The Renko Optimizer indicator enhances precision. It finds ideal brick sizes for non-time-based charts. Even though the longer term trend for gold remains heavily bearish, there are always opportunities for intraday trading against the dominant trend, and here we are using the renko optimiser along with several other Quantum indicators. The renko optimiser delivers the optimal setting for the brick - no guesswork!!! So you are trading in tune with the market at the optimal brick size for any market and timeframe. The indicator works by using average true range to deliver the brick size, and for gold this is delivered in cents per ounce. In the video we also consider the Trend Monitor and Trend dots, two great indicators which work so well with the renko chart, helping to keep us in...
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Trading gold on the MT5 platform during London session

Trading gold on the MT5 platform during London session

by Quantum Trading Comment Closed
https://youtu.be/Jkkhx3OqLc4 Trading Gold on the MT5 Platform During London Session Trading gold on MT5 during the London session offers high volatility. This precious metal reacts to risk sentiment. London overlap brings liquidity. Moves accelerate early. Traders spot opportunities in XAU/USD. Gold has been very bearish on the longer term charts and in the early part of the London session this has continued on an intraday basis, as we trade gold on the MT5 platform. The Quantum Trading tools and indicators work in exactly the same way for trading gold, or indeed any other commodities, stocks or indices which are available on the MT5 platform. Also here we focus on the Trend Monitor indicator which helps us to stay in and not be shaken out of a strong position when the market pauses or reverses temporarily. This is one of the hardest things to do in trading, and is where profits are made and lost. Also here we have the Quantum USDX dollar index running in...
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Gold continues to shine

by Quantum Trading Comment Closed
Some solid gains for gold last week as the precious metal ended last week in a bullish mood following an extended period of price consolidation within the spread of the volatility candle triggered back in early February. Cannot stress the importance of this candle, moving as it did way beyond the average true range for the metal in this time frame, it has since defined and described any further move higher. Friday's price action too is important for the longer term with substantial volume coming into gold, helping to push the metal to test the $1279 per ounce region, before falling back on profit taking ahead of the weekend. Gold has started the new trading week in a very positive move with the 200 ema on the weekly chart providing the necessary support as the precious metal attempts once again to take out the $1279 per ounce high. A move through here on strong and rising volume will see gold move to...
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No sparkle for gold

by Quantum Trading Comment Closed
The daily chart for gold on the MT4 platform is as bleak for gold bugs as it is in the traditional futures market. Bearish sentiment has taken hold once again driving the price lower and down towards the $1140 per ounce region, which in addition takes the metal below the 100 day ma on the daily chart. What is perhaps most interesting at present is that this is against the context of US dollar weakness intra day where we would expect to see gold rise as a consequence. Key levels for the precious metal include $1132 and any move through here will then open the way for a deeper move to test further support in the $1108 region. Overhead we now have deep and sustained resistance from $1180 up to $1225 per ounce and for any recovery to take place we will need to see a buying climax on sustained and rising volumes....
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