Gold must be watched tonight.Everyone, open your eyes. From the current technical trend, this wave of rise has been under continuous pressure near 2920. The short-term upward momentum is insufficient. The short-term high-level oscillation of 2915-2920 is maintained.
At present, the trend of gold today is slightly weak, and it has not continued the bottoming out and rebounding the day before yesterday. Because the current position is close to the previous high point, and the current risk aversion sentiment has eased slightly, the impact of breaking the previous high again is not strong, so we can see that gold has been oscillating around the 2914-2917 range, and most of the time there is not much breakout trend!
Operation plan, today, focus on whether it will break through 2920 again. If the US market still cannot break through 2920, you can directly short gold. If it breaks through 2920 again, it is not recommended to chase high. The strong pressure area above is concentrated in the 2925-2930 area, and the possibility of a sharp rise in the short term is not great. The support area below is concentrated in the 2895-2885 area. If it falls below the support point of around 2860 again tonight, you can directly chase higher.
