Gold yesterday's overall trend is very strong, in the fall to test the support of 1953 after the market quickly rebounded and formed a strong trend, in the evening in the ADP data bearish out of a wave of fall, but still did not break 1953, and then continued to strengthen all the way up slowly, in the front high pressure 1985 line was blocked to fall, daily line charged a hammer positive column, moving average long arrangement, 1985 is also the resistance position of the weekly moving average bonding.
The focus is on the release of non-farm payrolls, which are expected to be positive, so yesterday's rise is partly to blame.
gold:sell1980 tp:1975-1970
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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.