Go short in gold 1975, go long after falling back!
Gold fell back in 1968 as expected, but the U.S. market stopped falling in 1958, and the bulls counterattacked again
I think tonight is the eve of the non-agricultural situation, and it is difficult to go up and down in the market, and there is a high chance of repeated shocks. Technically, the upper part focuses on the suppression of yesterday's high point of 1975, and the lower part focuses on the support of 1950.
In terms of operation, the U.S. market recommends continuing to short gold at the current price of 1972~1973, strictly stop loss when it breaks through 1975, target the area of 1950~1955, and continue buying if it falls back! ! !
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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.