Li Wanxi:9month1The decline of gold is far from over,1300It's the gateway on the eve of non-agricultural activities

Li Wanxi:9month1goldThe decline is far from over,1300It's the gateway on the eve of non-agricultural activities

All the comments and analyses this week have always held a bearish attitude towards gold, and it is clear that gold should maintain a bearish attitude before the release of non-agricultural data. After shorting profits on Monday and Tuesday, yesterday's comments once again suggested1316Almost at yesterday's highest point, short selling resulted in good profits. Interested parties can review the previous comment analysis. You never know what the market will do next, but the author, Wei Xinjs6486Can be a compass for your investment field!Choice is greater than effort,Wrong choice, wasted effort. Today's outcome is due to yesterday's decision,So future profits and losses will depend on today.

At present, there is really no reason to go long on gold, as the market maintains a positive attitude towards this non farm data, which is favorable for the expectation of the Federal Reserve raising interest rates, and the technical aspect is also dominated by bears. Yesterday's goldETFAppears once12.7The reduction of tons is also the most recent reduction in holdings. Furthermore, the continued weakness of the yen has been suppressing the rise of gold. So there is really no reason to support the rise of gold in the fundamentals.

The only possibility is that gold is touching1300Will there be a certain buying push at the integer level, but this is not a reason for us to go long. Based on the current technical and fundamental trends, we should still maintain the mentality and suggestions of short selling at high levels. Short term resistance within the day continues to push down to1313-14Nearby location, while the support looks1302-04Nearby location. It is still recommended to short every high. The only concern is1300Will the checkpoint fall below before non-agricultural activities.

Gold Strategy: Touching Within the Day1312-13Short selling and stop loss on the front line1317See the target now1302Nearby location. I'm not considering going long for now. If it's a stop loss, I'll wait for tomorrow's non farm data. When doing business, one should treat oneself as a sniper, not a quick shooter. Investors who can truly make money in the market may not have many orders, but each order has its own meaning. Calmly view the market, grasp the direction of the market, and operate with the trend. When one hit is missed, aim and shoot again. Add the author Wei/letterjs6486Let's fight every battle well!