After the gold price hit a new high yesterday, there are signs of reverse opening on the daily chart. Currently, the short-term resistance of the daily chart will gradually shift upwards5In the daily moving average area, the strength of gold is far from over. stay4HOn the one hand, today a typical recovery trend emerged. Looking back at every recent surge in gold prices, it is highly likely that the next trading day will see a decline, and this decline will come very quickly. Therefore, today's overall strategy is to short in the early trading session and consider taking long positions again during the European and American period.
It should be noted that there will be a meeting tonightADPData and other US market data have been released, and based on previous data, there is a high possibility of a bullish outlook today. Even if there is a slight bearish trend, there will not be a significant decline. At present, the first point below where one can go long is1541-42First line. Another key point is1537Nearby. Therefore, before the data is released, it is sufficient to maintain a low buy up mentality today.
Gold operation suggestions
1.The current price of gold1541-42More, defense1537see1548
2.First meeting after evening data1548Empty, defensive1552see1540