Gold trading recommendations today
Updated
Gold fell sharply yesterday in a small non-agricultural situation, and today it is a large non-agricultural situation. The decline continues, and the pressure position continues to be short.
Gold's current rebound is over, and it will resume its decline! From the perspective of the 4-hour level, this rebound hits the suppression of the long-term moving average and then directly turns downwards, and directly falls below the support of the short-term moving average! The current K-line remains below the moving average, and the short position is in a downward trend! Rebounds are short opportunities!
The current pressure is the reverse pressure position of yesterday's consolidation, and it is also the short-term moving average 1918 position! Relying on this pressure position within the day, the position is dry and bearish! After the big non-agricultural data, it is expected to further break the new low and continue to fall!
Trading straregy:
gold: sell@1918 tp1:1900 tp2:1890
Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the opportunity to make money!
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