This week's market review and next week's market strategy analys
Gold trading has ended this week. This week can be said to be very exciting. It closed with a positive line this week, with the lowest point near 3247, and then rebounded to 3365 and then retreated. When the non-farm data were all negative, the lowest point fell to 3311 and rebounded. Gold did not fall below the support of 3300. This shows that the gold bulls are still there. We also went long at the bottom many times after the non-farm data. I believe that traders who follow me can see that we have publicly gone long at 3324 many times and exited with all profits. We firmly believe that the retracement is an opportunity to go long, and the market result is just as I analyzed. The bulls returned to the range before the non-farm data. Since the market is closed on Friday for Independence Day, the overall fluctuation of gold will not be large. We will continue to be bullish on gold next week, and the operation will continue to be mainly based on retracement and long. If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with me.
From the 4-hour analysis, pay attention to the 3324 support line below, focus on the 3316 support line, and pay attention to the 3345-50 short-term resistance above, and focus on the 3365-70 line suppression. The overall low-multiple cycle participation main tone remains unchanged. In the middle position, watch more and do less, be cautious in chasing orders, and patiently wait for key points to participate. I will release signals on the free channel for specific operation strategies, and pay attention in time.
Gold operation strategy:
Gold 3324-30 line long, stop loss 3315, target 3365-70 line, continue to hold if broken
