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TodaygoldData:
14:45Switzerland10Unemployment rate after quarterly adjustment
15:00Germany9Monthly industrial output rate after quarterly adjustment
15:00britain10monthHalifaxMonthly rate of housing price index after quarterly adjustment
16:40European Central Bank President Lagarde delivers a speech
17:30eurozone11monthSentixInvestor confidence index
Gold rebounded in the morning session1665Support continues to be long and bullish, with upward focus on Friday's upward pressure1683Location!
On Friday, the gold market rose sharply and broke through three levels of pressure, reaching1683Position, very strong! Today's market will continue to rise in the short term! The overall direction is achieved step by step, while the big profit is achieved step by step! There are no unreasonable goals, only unreasonable expectations! The direction is right, don't be afraid of the long journey! Keep up with the rhythm, trade in happiness, and profit from trading!
Today's market continues to rise, with downward support continuously moving upwards. Currently, the focus is on the downward trend1665A first-line support point, with the possibility of a second test of last week's high above1683First line! But if we can successfully stabilize it1683Above, the future market will further rise to1720frontline!
The golden Friday bullish candlestick has two scenarios today. The first scenario is that there may be adjustments after a sharp rise, but the direction has not changed. Within the day1665Upward oscillation, after adjustment, will continue to reach new highs. The second option is to continue to break through new highs after minor adjustments, which will be a very strong performance. Therefore, when falling back, we need to seize opportunities and be decisive!
Specific strategies
Gold1665Multiple, stop loss1657Stop surplus1700。
Disclaimer:The above suggestions are for reference only. There are risks in investment and caution is required in operation.
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