The number of non-farm payrolls in the United States increased by 303,000 in March, far exceeding expectations. The number of new jobs in the United States in January and February was revised upward by 22,000. Although the overall number is bullish for the US dollar and negative for gold, it has not actually changed the strength of gold's rise. . The current market performance is more of a risk aversion to the impact of the geopolitical situation. The recent focus on Iran's retaliation for the air strikes may be another major factor causing the rise of gold.
This trend has no technical direction. Next, we can only follow the trading rhythm of Thursday and Friday. In principle, if it cannot rise, we will do short-term selling, and if it cannot fall, we will buy at the support point. Most people in the market now want to know where is the high point of this gold rise and when will it fall?
It is meaningless to discuss when to fall. Even if gold rises another 100-200, it may still exist. Therefore, in this period of trading, follow the trend and wait for support points to buy. Before there is a clear top, do not blindly speculate on the room for decline. Of course, I have always emphasized that there will definitely be room for adjustment when gold rises, and it may plummet at any time, so I still emphasize the use of small lots and not long-term trading. First, the non-agricultural data in March was negative, and the gold price continued to rise after a slight decline. , the short position in the market may gradually be reflected next week as the US dollar rises. Second, the daily cycle and the weekly cycle have now formed a large-level top divergence state, and there is also the possibility of downward adjustment at any time. Based on these two points There may be changes, so don't blindly buy gold next week, wait for support to buy reasonably, and there will be CPI data released next week, and then we will observe the extent of the market impact.
Follow my trading ideas and your success rate will be greatly increased
This trend has no technical direction. Next, we can only follow the trading rhythm of Thursday and Friday. In principle, if it cannot rise, we will do short-term selling, and if it cannot fall, we will buy at the support point. Most people in the market now want to know where is the high point of this gold rise and when will it fall?
It is meaningless to discuss when to fall. Even if gold rises another 100-200, it may still exist. Therefore, in this period of trading, follow the trend and wait for support points to buy. Before there is a clear top, do not blindly speculate on the room for decline. Of course, I have always emphasized that there will definitely be room for adjustment when gold rises, and it may plummet at any time, so I still emphasize the use of small lots and not long-term trading. First, the non-agricultural data in March was negative, and the gold price continued to rise after a slight decline. , the short position in the market may gradually be reflected next week as the US dollar rises. Second, the daily cycle and the weekly cycle have now formed a large-level top divergence state, and there is also the possibility of downward adjustment at any time. Based on these two points There may be changes, so don't blindly buy gold next week, wait for support to buy reasonably, and there will be CPI data released next week, and then we will observe the extent of the market impact.
Follow my trading ideas and your success rate will be greatly increased
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