XAUUSD: NFP data is coming, what to do with gold?
Updated
The big non-agricultural data will be released soon, and the decisive battle between the long and short sides in the US market will determine the winner! Judging from the current trend, gold bulls are slightly better. For now, it is better to be more bullish. The top continues to pay attention to the pressure in 2040!
Gold is still oscillating within the range, maintaining the range of 2020-40! The focus of the US market is which side will qualify first. If the US market continues to encounter resistance in 2040, we should still be prepared to continue shorting!
The trend is volatile, with repeated long and short positions, so you must be flexible in your operations! It is still oscillating within the range, so we should go long first, and then go short after encountering resistance! If the market breaks through 2040 strongly, you can prepare to rise again!
Good luck to everyone
Gold is still oscillating within the range, maintaining the range of 2020-40! The focus of the US market is which side will qualify first. If the US market continues to encounter resistance in 2040, we should still be prepared to continue shorting!
The trend is volatile, with repeated long and short positions, so you must be flexible in your operations! It is still oscillating within the range, so we should go long first, and then go short after encountering resistance! If the market breaks through 2040 strongly, you can prepare to rise again!
Good luck to everyone
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