The gold market experienced huge fluctuations on Thursday, which created very good profits for us. During the entire trading process, we seized the profits of fluctuations of more than $50.
The unemployment rate and NFP data during the US trading session on Friday, as well as Powell's speech on the economic outlook, are the focus of Friday's trading.
Judging from the data released in March, the unemployment rate and NFP are more likely to be bearish for gold, so when trading data, my plan is to focus on short positions.
At present, in terms of technical form, the indicators show that the bulls have not ended. In this case, the transaction needs to pay attention to the 3123/3136 resistance. If it cannot break through, the price is expected to fall again to 3103 or even 3086.
Overall, today's trading focus is to sell at high levels.
The unemployment rate and NFP data during the US trading session on Friday, as well as Powell's speech on the economic outlook, are the focus of Friday's trading.
Judging from the data released in March, the unemployment rate and NFP are more likely to be bearish for gold, so when trading data, my plan is to focus on short positions.
At present, in terms of technical form, the indicators show that the bulls have not ended. In this case, the transaction needs to pay attention to the 3123/3136 resistance. If it cannot break through, the price is expected to fall again to 3103 or even 3086.
Overall, today's trading focus is to sell at high levels.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.