Today's market is more in line with our expectations. Data trading is very successful and has brought us huge profits. Regarding tomorrow's market, my view is to go short first and then go long.
Trading is carried out around the 1964-1988 range. The support focuses on the vicinity of 1974, and the strong resistance is 1993-1996. Short selling during the Asian trading time. If the support of 1974 and 1964 is effective, then we can trade long during the European and American time periods.
technical analysis:
During the U.S. trading session today, data and news caused gold to rise to 1987. It was under pressure and fell back. In the 45m chart, the momentum of the MACD indicator has obviously weakened.
Tomorrow is Friday, and there is no special news. the market will not fluctuate greatly, and the weakness of 45m will gradually increase to 1h. Therefore, my trading point of view is to go short in the Asian market.
Good day and wish us good luck!
Trade active:
Indicators are weakening
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