Gold 2812 easily reaches 2836, and continues to be bullish
Gold 2812 easily reaches 2836, and continues to be bullish
Gold, the general trend is as described in the morning analysis. Since the beginning of the year, the price has been rising slowly due to risk aversion, and it has been able to rise after stabilizing at 2726; it broke through the previous high of 2790 to 2817 at the end of last week, and fell back to 2772 on Monday and then broke through the high to 2830. The daily chart structure is strong, and it continues to be bullish before the release of non-agricultural data, and pay attention to whether there will be a turning point after non-agricultural data.
The actual price retreated slightly to 2807 during the day and then rebounded, now reporting 2838, which is in line with expectations. It is strong in all cycles and continues to be bullish tomorrow; short-term support is 2834, strong support is 2830, and there is no obvious resistance above.
In terms of operation, we will take advantage of the trend at 2812 to easily take 2836, and reduce our positions at 2828 for the second time. Today's retracement is mainly long.
2834 Buy
SL 2824
TP 2850
Gold, the general trend is as described in the morning analysis. Since the beginning of the year, the price has been rising slowly due to risk aversion, and it has been able to rise after stabilizing at 2726; it broke through the previous high of 2790 to 2817 at the end of last week, and fell back to 2772 on Monday and then broke through the high to 2830. The daily chart structure is strong, and it continues to be bullish before the release of non-agricultural data, and pay attention to whether there will be a turning point after non-agricultural data.
The actual price retreated slightly to 2807 during the day and then rebounded, now reporting 2838, which is in line with expectations. It is strong in all cycles and continues to be bullish tomorrow; short-term support is 2834, strong support is 2830, and there is no obvious resistance above.
In terms of operation, we will take advantage of the trend at 2812 to easily take 2836, and reduce our positions at 2828 for the second time. Today's retracement is mainly long.
2834 Buy
SL 2824
TP 2850
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