Gold bearish on non-agricultural day
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Yesterday, gold was hindered and fell back below 1948 as expected, and the lowest in early trading was 1938. The largest short order we gave before 1948 was also a profit of 10 US dollars. The current market is still oscillating around 1942.
In view of such a market, technically speaking, the upper pressure level still focuses on the suppression of 1948, and the lower support level is raised to around 1928. And today is the last trading day of this week, and it is also a non-agricultural night. Therefore, I think the upward space is limited, but the downward space is larger.
Therefore, in terms of operation, we suggest that gold 1948 remain unchanged, and the target position is further down to around 1930. The key position is 1928. If it does not break, you can go short and then choose to go long. If it breaks, you will further look at the 1915-1910 area.
You have to be the one and only, don't follow the trend
Yesterday, gold was hindered and fell back below 1948 as expected, and the lowest in early trading was 1938. The largest short order we gave before 1948 was also a profit of 10 US dollars. The current market is still oscillating around 1942.
In view of such a market, technically speaking, the upper pressure level still focuses on the suppression of 1948, and the lower support level is raised to around 1928. And today is the last trading day of this week, and it is also a non-agricultural night. Therefore, I think the upward space is limited, but the downward space is larger.
Therefore, in terms of operation, we suggest that gold 1948 remain unchanged, and the target position is further down to around 1930. The key position is 1928. If it does not break, you can go short and then choose to go long. If it breaks, you will further look at the 1915-1910 area.
You have to be the one and only, don't follow the trend
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