On Tuesday, gold will still focus on the 3005 suppression!
Yesterday's analysis of the European market showed that the gold 2982 long and 3000 short positions were completely in line with expectations. We believe that our fans who have been following us for a long time have already reaped profits!!!
For today's market, the upward pressure of 3005 is still effective. I believe that as long as it does not break through 3005, the market still tends to fall. Breaking through the suppression of 3005, the rebound further points towards around 3022. Pay attention to 2993 and 2980 for support below. If it falls below 2980, it will fall back. Continue to pay attention to the 2962-2957 area. At the beginning of the week, the overall direction still tends to first drop sharply and then rise sharply to see a new high!!!
So, in terms of operation, it is recommended to go short at the current gold price of 3002 in the morning and break the high point of 3005 from last Friday by stopping loss. Once you encounter a loss, don't chase after the rise, wait for a pullback around 2995 before buying, and then look for a new high.
(Investment carries risks, caution is required when entering the market; the above suggestions are for reference only, and profits and losses will be borne by the operator based on this.)
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