Su Qianqin:8month29Gold participates in non-agricultural tests,1300Frontline testing (must see for actual testing)

Last week, gold prices hit their lowest point1318Nearby, and Friday's market received a bearish candlestick with a long up shadow, ultimately closing at1320Nearby. In the short term1320There is indeed some support nearby, and before this week's non farm period, the market may engage in a long short competition around this point.

On a daily basis, last week's four consecutive bearish candlestick and Friday's one inverted hammer candlestick put extremely strong pressure on gold prices. The probability of further weakness at the beginning of this week is extremely high. The first support interval to focus on below is1315-1310On the front line, this range is the low point range of the previous round of retracement. Once it falls below the author's expectation, the market will directly jump and increase the decline, while the most critical support level below is still1300Gateway, non-agricultural or testing of the gateway!If your investment is still in confusion, you can ask me, Su Qianqin, Wei Xinxly645Multiple suggestions provide an additional reference.

However, from the current perspective, there are still many obstacles. If any rebound cannot be sustained, it may become a good time to short. In terms of intraday operations, short selling at high points should be maintained as the main focus, and attention should be paid to the upper side1330The resistance situation in the vicinity can be shorted at an opportunity before breaking through. If there is a breakthrough, attention should be paid to last week1338-1340The suppression of the market by frontline resistance;And the first touch below1315-1310The frontline can consider choosing an opportunity to go long. If it falls below, move down the support level and focus on it1305-1300Interval support situation. There is not much news data on Monday, and the focus is still on digesting Yellen's comments from last Friday. It is expected that the market will not be too big, so we can watch more and move less, waiting for the appropriate entry opportunity.

　　苏倩芩现货goldDaily order placement:

　　1Upward rebound1327-1329Short on the front line, stop loss1331Look at the target below1320-1318frontline;

　　2First step back below1313-1310Long on the front line, stop loss1307On the target1320-1322frontline;

　　3As seen below1305-1302Long on the front line, stop loss1297On the target1310-1315frontline;

　　4For more market inquiries and operational suggestions on spot gold, please add Su Qianqin Weixinxly645Real time understanding.

Author: Su Qianqin

　　2016.8.29