The trend of gold alternates between long and short, and the non

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After the sharp fall of gold, there is a V-shaped reversal, and the market sentiment is chaotic. At present, it can only be said that the impact of the Fed’s interest rate hike is expected to be limited, otherwise the decline cannot be stopped abruptly. Today is another heavy non-farm payroll, waiting for the market s Choice. For gold operation, it is recommended to buy at 1827 in the short term, risk control at 1823, and the target is 1836~1840.

Gold sees a rebound for several reasons:
1. The V-shaped reversal of gold yesterday, the market once again fell into a range-bound trend. At present, there is still room for the short-term to take advantage of the trend, but at night, we need to wait for the final decision on non-agricultural issues.
2. According to my personal analysis, whether the second wave C has started, or whether the rebound of the second wave B has not yet completed, the above two questions need to wait for today's data to determine.
3. The intraday pressure is 1840~1847, and the support is 1829~1826.

Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩‍💻

Comment:

Gold is up as I expected so what are you waiting for traders?

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Professional analysis of gold trends, friends, if you need, you can follow me