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NFP Estimate for January 2024:- 187,000 jobs added.
Comparison with December 2023:- Fewer jobs added in January compared to December (216,000).
Sector Concentration:- Job gains are concentrated in government and healthcare.
Monthly Average in 2023:- The estimated figure would be below the monthly average of 225,000 jobs added in 2023.
Labor Market Trends:- Suggests a potential slowdown in the labor market.
#forex education#forexsignals#forexprofit#forexstrategy#forexmentor#forexmarket#forextips#forextrading#forex
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Possible scenario in NFP💹🇺🇸
1)If NFP is coming more than the Forecast number (187K), This will be positive for the USD and Negative for the Gold📉, Then Gold can test the 2030 Level
2)If NFP is coming less than forecast number (187K) This will be negative for the USD and Positive for the Gold📈, Then Gold can test the 2080 level
Join now for todays NFP trades : https://t.me/+dhwEscK8ANs5YTc1
#forex#forexmarket#forexstrategy#forextips#forexprofit#forexmentor#forex education#forexsignals#forextrading#gold trading#nfp
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