Precise analysis of GOLD this week

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Last Friday, the overall technical aspect of gold did not show a long-short breakthrough trend. Instead, under the influence of the positive non-agricultural employment data, the overall price showed a high-rise fall and suppressed shock pattern. The closing price was near the 2915 mark and reported a suppressed shock cross K. The overall gold price continued the recent long-short wide shock rhythm and did not break the recent high shock pattern. Looking back at last week, each step-back adjustment will usher in a new sprint. The non-agricultural data did not break the operation range we gave last Friday. I believe that my friends who follow me have seen it. Today, we still focus on the range of 2897-2903 to the upper 2930-35 line. For the time being, treat it as such and step back to do more. From the 4-hour gold trend analysis, we focus on the 2897-2903 line support below and the 2930-35 line suppression above. In terms of operation, we still focus on stepping back to do more. In the short term, we can do some shock operations around this range. Once a breakthrough occurs, we will continue to follow up in the later stage. In the middle position, we should watch more and move less and be cautious in chasing orders, and wait patiently for key points to enter the market. I will remind you of the specific operation strategy in the trading center, please pay attention to it in time.

Gold operation strategy:

1. Go long at 2903-2908 when gold rebounds, and add more at 2897 when it falls back, stop loss at 2892, target at 2930-35, and continue to hold if it breaks;

2. Go short at 2930-35 when gold rebounds, stop loss at 2942, target at 2915-20;
Trading is risky and needs to be determined according to the real-time situation. For actual market traders, considering that some market windows have a certain timeliness for real-time trading, you can follow David so that you can choose the appropriate strategy to operate.
If you don't know when to enter the market, you can follow me. I will release the specific signals in real time in the trading center, so please pay attention. XAUUSD GOLD XAUUSD

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