Short selling of gold2651-52, with range fluctuations remaining unchanged
Gold experienced further fluctuations within the small market yesterday, but did not show significant changes. This may be due to the tranquility on the eve of the non farm storm, or perhaps it is a continuation of the recovery process after Monday's market volatility. Currently, it continues to fluctuate within a certain range, and the key pressure above gold is maintained at the high point of the previous period and yesterday's high point of 57. This position is also the current boundary point for upward movement. If it continues to break through and stabilize in the later period, it is likely to be continued, while the support below is still maintained at 30-20. The current energy accumulation is likely to wait for a major breakthrough after the data is released. After all, the current wave amplitude is still the tip of the iceberg relative to the base, and compared to the current market, we can still look at the simple situation. If you draw near 51-52, you can short and wait, Our target is around 40-35, and after breaking through the 30 line, we can consider continuing to short as appropriate. Our target is breaking through the 20 line. Although the overall situation is focused on consolidation, we still mainly choose to be bearish in the general direction, and the non farm trend is also likely to be in a rising and falling form. Regardless of whether it is long or short, we still need to strictly control unnecessary risks.
[Thursday Operation]: Short selling will be maintained around 2651-52 during the gold day, with a target around 2640-35 and a loss of 2658.5.
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