The gold adjustment is over, and the current price can be empty!
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https://www.tradingview.com/x/7LKUhDiE/
Non-agricultural profits did not rise last Friday, but fell back. Obviously, the current price is still in a situation where short sellers dominate. Under normal circumstances, news will have an impact on the market, or it will be consistent with the technical side and promote the technical side to accelerate. Either it goes against the technical side and hinders the movement of the trend, but it will not change the final movement of the trend.
Although the negative closing for two consecutive weeks did not open the short range below, the bulls also found it difficult to stabilize above last Friday's multiple bullish non-agricultural data. When the bulls found it difficult to stabilize above 2330, our thinking is still high-altitude!
Although gold rebounded to the high point after the non-agricultural data after opening in the morning, of course, the position can still participate in short orders, and there is a demand for a callback in the short term.
The current price is 2323, you can directly participate in the short order, defend 2330, and the target is around 2310-2300.
If you like my analysis, please let me know
Non-agricultural profits did not rise last Friday, but fell back. Obviously, the current price is still in a situation where short sellers dominate. Under normal circumstances, news will have an impact on the market, or it will be consistent with the technical side and promote the technical side to accelerate. Either it goes against the technical side and hinders the movement of the trend, but it will not change the final movement of the trend.
Although the negative closing for two consecutive weeks did not open the short range below, the bulls also found it difficult to stabilize above last Friday's multiple bullish non-agricultural data. When the bulls found it difficult to stabilize above 2330, our thinking is still high-altitude!
Although gold rebounded to the high point after the non-agricultural data after opening in the morning, of course, the position can still participate in short orders, and there is a demand for a callback in the short term.
The current price is 2323, you can directly participate in the short order, defend 2330, and the target is around 2310-2300.
If you like my analysis, please let me know
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