• XAU/USD
• Gold
• Forex Trading

 

 Gold is heading for a big move tonight with Big economy data release !

 

  Here is the economic calendar for tonight. US ADP employment and Core Inflation is the main highlight for the night !

 

  As usually before any big move or any big economic data release, market will run in into consolidations because a lot of market player are in wait and see status.  

 

But The Big picture is Gold is on the bullish Course, Which is also affected by the US and Iran war current status (As of for now is on truce !)

 

The best actions is to wait and see and enter the market after economic data release, and trade on the retracement, this way you'll get better position and any possible whipsaw moves during the data release.