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☄️XAUUSD Ahead of US NFP☄️ 👀 We see a test of the symmetrical triangle trend line. On RSI, the trendline is broken upwards, indicating the possibility of growth, but %R shows a huge overbought. submitted by /u/Yuriy_UK |
![[link]](https://i.redd.it/kuqqfisq25ce1.jpeg){kind=link}
TKL: The “Fed pivot” is officially DEAD – Stocks are crashing after the US added nearly 100,000 MORE jobs than expected in December. The unemployment FELL to 4.1% just after the Fed said the labor market was “weakening.” So, why are stocks crashing? Let us explain.
To begin, the US economy added 256,000 jobs in December, or 92,000 MORE than expected. On average, the US economy