Gold 8 May

Today there is no major data and since tomorrow is FOMC it’s good since it will make the market move in unstable ways.
I will take the day off cause I’m waiting for the FOMC to start trading again.
Yes i do know the FOMC that Im writing is and naming is John C. Williams who is the president and chief executive officer of the Federal Reserve Bank of New York also his research focuses on monetary policy under uncertainty, business cycles, and innovation. He is a research associate at the Centre for Applied Macroeconomic. This will make his speech important for all traders to hear what he hast to say.
Data is very important for traders. So I prefer not to trade when there is no data.
Try to avoiding trading today, its better not to trade today.
I wish you all a lovely day and cya tomorrow or if something important happens.
Beyond Technical AnalysisFundamental Analysis

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