Gold continues to be bearish

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Gold Spot / U.S. Dollar (OANDA:XAUUSD)

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OANDA:XAUUSD Gold Spot / U.S. Dollar

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Gold has already made it clear in early trading that today's rebound will not break through the pressure of 1955, and the current price of 1950 in the European market is directly shorted, and the data in the US market is negative, so continue to hold the short order! Bearish, the US market pays attention to whether 1930 breaks!

From the trend point of view, gold belongs to the shock trend! However, during the shock process, the center of gravity continued to move downwards, indicating that bears dominated! And this week's non-agricultural data, there is an opportunity to use the data to break down!

Today's market volatility is limited, but it has not broken through the 1955 pressure suggested in the early trading, then continue to hold, the direction is right, and you will not be afraid of the long way! Continue to be bearish!

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Gold continues to be bearish

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