XAUUSD: The current price of 1990 is short, waiting for NFP
Updated
Gold is sold at the current price of 1990 and has been trading sideways during the day. We are waiting for the big non-agricultural data to make a final decision!
It can be seen from the 1-hour chart that gold is in a shock trend after falling, and the shock range is very obvious, which is within the range of 1970-1992! The pressure of 1992 above is very obvious. If you are close to the pressure position, it is a direct sell!
Now that gold is close to pressure, 1990 can be directly empty! Waiting for the performance after the gold data, as long as the market cannot effectively break through and stand above 1992 after the data, it is a downward trend!
It can be seen from the 1-hour chart that gold is in a shock trend after falling, and the shock range is very obvious, which is within the range of 1970-1992! The pressure of 1992 above is very obvious. If you are close to the pressure position, it is a direct sell!
Now that gold is close to pressure, 1990 can be directly empty! Waiting for the performance after the gold data, as long as the market cannot effectively break through and stand above 1992 after the data, it is a downward trend!
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The non-agricultural data was bullish and gold rose in the short term. However, the market has turned and the stimulus from the data is not sustainable, so we are directly short in 2004!Technically speaking, the 4-hour trend of gold has hit the Bollinger upper track pressure! If you encounter resistance in a volatile trend, you can go short directly! 2004 sold at current price! Top 2010 defense!
Trade active
Trade active
Trade active
Today's gold market went beyond my expectations because of the NFP data, but we still ended up with profits
Although there was a wave of stop losses from 1987 to 1995 today, our profits from 2004 to 1990 were huge. Congratulations to everyone, we ended this week with victory again
If you want to get my accurate signals and guidance, you can contact me. I wish you all a happy weekend. See you next week. I will continue to share direction strategies with you.
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