The opportunity for gold next week is here.
Updated
Hey, do you remember the perfect curve pressure on gold we talked about a few days ago at 1860? It's getting close now, so how should we view it next?
It's still a bullish trend, but with the arrival of the pressure level, the short-term trend of gold is likely to be suppressed first and then rebounded.
Short-term trading strategy:
It is suggested to focus on buying on dips next week, with short selling as a supplement, and the short-term key resistance level is around 1860-1870. For those who are trapped, this may be an opportunity. (As I do not know where your position is trapped, I cannot provide corresponding strategies. It is recommended to discuss with me directly.)
The short-term key support level is around 1845-1840. You can confidently buy on dips.
I will also pay close attention to the non-farm data next week and provide recommendations. Welcome everyone to leave a message.
GOLDXAUUSDXAUUSDNote
Profit from the short position on gold, waiting for the entry point of the long position.Note
The market is as expected, and I am preparing for a new round of buying.Trade active
Trade active
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