Yu Yue on Jin:8.5Spot gold fluctuates and awaits non-agricultural data, leading to bullish and bearish gold trends...

　goldMarket trend analysis:



Yesterday, gold continued to fluctuate and rebound, and as expected, even broke through at the end of the trading day1790, tested to1795Nearby, the daily chart closed with a saturated bullish candlestick. Prior to the release of tonight's non farm data, such an abnormal trend in gold undoubtedly increased the uncertainty risk of tonight's non farm data.



In terms of daily structure, Tuesday's rise and fall of the bearish line will bring further spatial correction in the future. Yesterday's market continued to fluctuate and rebound, and it was also surprising to receive a saturated bullish line. This not only caused the daily level indicators to deviate from the top, but also the upper level will face challenges60Daily line1800Nearby pressure, if non agricultural bearish gold occurs in the evening, then yesterday's abnormal rise is likely to cause greater room for the market to fall. If non farm profits are bullish on gold in the evening, then yesterday's abnormal rise has overdrawn the upward space in advance, bringing difficulties rather than opportunities for subsequent analysis and operation.



Gold for the day, temporarily viewed above60Daily line1800Nearby pressure, pay attention below5Daily line1775Nearby support, if there is an upward break, the trend will be abnormal, and it is also very likely to open up a new upward trend, but this approach is not very helpful for operation. If there is a downward break, the trend will be abnormal5On the daily basis, the short-term market trend is extended and adjusted, and there may be a pullback below20Near the daily line.





Based on the hourly chart trend, gold continued to climb and rebound yesterday. Before the major data, the market appeared in a small upward trend, which is difficult to understand. It is necessary to take strict precautions against this abnormal trend. Gold is expected to remain stable for the time being within the day1790Nearby competition for volatility, technical conditions allow market conditions to be tested1800Nearby, below focus on yesterday's abnormal rebound breakthrough1775-73This is also yesterday's market trend1790There is a low point of retracement after being under pressure nearby, so if this level falls, the short-term abnormal market may also come to an end.



In terms of operation, considering the release of non-agricultural data tonight and the unusually tense market sentiment, there is a greater risk of uncertainty. Therefore, it is advisable to conservatively choose to wait and see for the day. To be radical, it is still necessary to refer to the needs of technological trends, focusing on selecting high and short positions, but it is necessary to control the light position status, strictly carry out stop loss measures, and constantly try to prevent market sentiment changes from bringing abnormal trend risks. In summary, today's gold trading strategy suggests a pullback and long selling as the main approach, with a rebound and short selling as a supplement. Please pay attention to the above1798-1800USD resistance, follow below1770-1775To support, it is necessary to control the position and stop loss issues, strictly set stop losses, and do not operate against orders. The recent market turbulence has been significant, with opportunities and risks coexisting. Control risks and increase profits.



Reference for Golden Operation Strategy:



Gold rebound1795-1798Short nearby, stop loss5Points, target1785-1775Nearby, break down and take a look1770frontline;



Gold Callback1772-1775Long nearby, stop loss5Points, target1785-1795Nearby, break down and take a look1800frontline;