XAUUSD maintains a low long trend.
Updated
Today's non-agricultural sector will be planned in advance, identify the market's lifeline, and profits will come uninvited.
From a data point of view, the ADP released on Wednesday showed that the actual data was smaller than the previous value, which should have been significantly bullish for gold. However, the market only rose symbolically to 1830 before falling sharply, and the short market control was strong. The previous value of tonight's non-agricultural data was 187,000, and the expected value was 170,000. There is not much difference between the two. If the actual announced value is smaller than the previous value and the expected value, it will be bullish for gold. This will be related to the trend of ADP on Wednesday. Beware of gold rising sharply and falling sharply. If the actual announced value is greater than the previous value and the expected value, this will obviously be detrimental to the rise of gold.
You need to be extra cautious in today’s transactions!
From a data point of view, the ADP released on Wednesday showed that the actual data was smaller than the previous value, which should have been significantly bullish for gold. However, the market only rose symbolically to 1830 before falling sharply, and the short market control was strong. The previous value of tonight's non-agricultural data was 187,000, and the expected value was 170,000. There is not much difference between the two. If the actual announced value is smaller than the previous value and the expected value, it will be bullish for gold. This will be related to the trend of ADP on Wednesday. Beware of gold rising sharply and falling sharply. If the actual announced value is greater than the previous value and the expected value, this will obviously be detrimental to the rise of gold.
You need to be extra cautious in today’s transactions!
Trade active
The United States will release unemployment and non-farm payroll data in 35 minutes, waiting for follow-up.Trade closed: target reached
After the non-agricultural news was released, gold fell to 1811 in an instant. Our prediction was correct. We went short at 1822 and have now made profits and closed the position. Now it seems that the trend of gold is rebounding and rising, because the market is still fluctuating. Observe before making a trade.
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