Initial jobless claims are about to be announced. From a technical perspective, the trend of gold today is biased towards the short side, but there is uncertainty in the data.
If it is negative for gold, then it will follow the trend and have a sharp decline, and it is expected to fall below 1950.
If the data is bullish for gold, there is a high probability that it will fall back after rising, so today we focus on short trading.
If you don’t want to take risks, you can wait until the data is released before trading. Those who like risk-taking can trade short positions in advance to control risks.
Good day and good luck!
If it is negative for gold, then it will follow the trend and have a sharp decline, and it is expected to fall below 1950.
If the data is bullish for gold, there is a high probability that it will fall back after rising, so today we focus on short trading.
If you don’t want to take risks, you can wait until the data is released before trading. Those who like risk-taking can trade short positions in advance to control risks.
Good day and good luck!
