Although gold had negative data yesterday, the market did not continue to reach new lows. If it is no longer weak, it will turn stronger. Today, gold is still bullish at a low level. It can be seen from the trend that it has been declining before, and the strength of the rebound is very small. Every rebound encounters resistance. Then it started to fall. Today's strong decline can no longer reach new lows, which means that the market is about to change! And today is the day when the big non-agricultural data is released, and the market can turn around at any time! The low and long position began in early trading, and the upper resistance continued to focus on 1830. If it breaks through, the rebound will begin!
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Trade ativo:
The United States will release non-agricultural data in half an hour, which needs to be paid close attention to.
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After the data was released, it was negative for gold, but it has not yet fallen below 1810. You can wait and see for the time being and seek direction before trading.
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Go long at low levels in the short term, and the profit target has been reached.
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At this time, at the high level of 1824, you can choose to go short in the short term to obtain short-term profits.
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Trade ativo:
It has broken through the 1830 resistance and gold is recovering.
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Go long at a low position and the first stage profit target is reached.
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Keep looking for direction and trade profitably.
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The bullish trend remains unchanged.
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The upward trend continues, and the upper focus is on the resistance in the 1870 area.
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He's still going up.
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Continue to be bullish and continue to go long at low levels.
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Buy Gold.
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Buying at 1853, the first stage profit target of 1862 was perfectly achieved.