Gold prices are weak, short selling 2652!
The white market of gold is in a trend of rebound adjustment. Currently, the upward energy of the market is not strong, and the intraday surge has only reached the 2654 line. However, from the one hour chart trend, the K-line has started to turn downwards, and the high point of 2654 in the market has become a temporary pressure level. Short term operations on the 2654 line can lead to direct short selling! Directly see the 2640 line in the downward space!
This week is Data Week, and tonight we will focus on the data of small and non farm sectors. During the data period, the market is active and the direction is variable. However, before the data arrives, the general trend of gold prices still shows a wide range of fluctuations. As long as gold has not yet emerged from the volatile zone before tonight's small and non farm sector announcement, it will continue to fluctuate!
Specific strategies
Gold 2654 short, stop loss 2660. Target 2640
Disclaimer: The above suggestions are for reference only. Investment carries risks, and caution should be exercised when operating
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