Gold is starting to weaken in the short term, short selling at 2870 in the morning session!
In the long-term continuous upward trend, gold has broken through new highs one after another, and the high point has been very close to the 2900 level. It may also be due to the influence of the 2900 level. Yesterday, gold did not continue to break new highs in the short term, and yesterday's daily bearish trend indicates that gold prices have temporarily entered a period of adjustment! And the strategy of continuous long positions in the early stage also needs to be slightly adjusted. Today, short-term operations are starting to short!
Today is the non farm market, whether gold can continue to maintain its original direction and break through new highs depends on the results after the data is released. Currently, the short-term trend of gold has already fallen below the support of the moving average and has a tendency to enter the adjustment stage. After the rebound in the morning, we will be short in the short term, and the upper pressure level will first focus on the 2870 line. When the gold price reaches 2870 in the morning, we will go short in the short term!
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