Gold will continue to rise
Updated
This wave of gold rise is completely expected to rise trend not to say the top, today we follow the trend to continue to be bullish, on the daily line yesterday's sun line, short-term bulls still have power, the amplitude and strength of this wave has created the largest record in nearly half a year, several times before the rise either rise in the Russian-Ukrainian war, or the Palestinan-Israeli situation caused, However, this wave of rise to the present do not see the big fundamentals around it, the sustainability of the trend may not be short-term, the future will be long for a long time.
In the short term, we look at 2131 is already a strong support, 2138 is a small support, today relying on 2138 above to find more opportunities, the rise will not be unilateral not repair, waiting for the repair of the opportunity is the opportunity for bulls to get on the car again, at present, the above can not see the pressure, can not see the point.
Support 2131,2138, pressure can not be seen, disk strong and weak water line 2131.
Fundamental analysis
The economic data and employment data released by the United States yesterday are all good, the most important ADP employment data is as high as 140,000, lower than the expectation of 150,000, but the long-term view is good, after all, only 111,000
gold
2156-2160 Sell TP: 2140
2140 Buy TP: 2155-2165
In the short term, we look at 2131 is already a strong support, 2138 is a small support, today relying on 2138 above to find more opportunities, the rise will not be unilateral not repair, waiting for the repair of the opportunity is the opportunity for bulls to get on the car again, at present, the above can not see the pressure, can not see the point.
Support 2131,2138, pressure can not be seen, disk strong and weak water line 2131.
Fundamental analysis
The economic data and employment data released by the United States yesterday are all good, the most important ADP employment data is as high as 140,000, lower than the expectation of 150,000, but the long-term view is good, after all, only 111,000
gold
2156-2160 Sell TP: 2140
2140 Buy TP: 2155-2165
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