How to conduct gold trading under the influence of Cpi data
1 Gold analysis:
Yesterday, gold's daily line closed negative, and bottomed out, and the short-term trend turned from shock to bearish. Today the price continues to be suppressed below 1915, so the short-term performance is also weak.
2 Today’s trading plan:
Tonight, we will focus mainly on cpi data. The idea is divided into two steps:
If the data is greater than or equal to 3.2, find a position to sell on the rebound, with a stop loss of 1918 and 1925 and a target of 1900 and 1892.
If the data is unexpectedly less than 3.2, call back 1915-13 to buy, stop loss 1907, target around 1924
If the data is unexpectedly greater than 3.2, go short at 1928-1930 above, stop loss at 1936, and target around 1915
Note: The above trading plan is based on the release of Cpi data!
I don’t know if you understand what I said? Because there are data effects tonight, if you hold a trade now and don’t know how to deal with it, you can communicate with me and I will tell you what to do.
Yesterday, gold's daily line closed negative, and bottomed out, and the short-term trend turned from shock to bearish. Today the price continues to be suppressed below 1915, so the short-term performance is also weak.
2 Today’s trading plan:
Tonight, we will focus mainly on cpi data. The idea is divided into two steps:
If the data is greater than or equal to 3.2, find a position to sell on the rebound, with a stop loss of 1918 and 1925 and a target of 1900 and 1892.
If the data is unexpectedly less than 3.2, call back 1915-13 to buy, stop loss 1907, target around 1924
If the data is unexpectedly greater than 3.2, go short at 1928-1930 above, stop loss at 1936, and target around 1915
Note: The above trading plan is based on the release of Cpi data!
I don’t know if you understand what I said? Because there are data effects tonight, if you hold a trade now and don’t know how to deal with it, you can communicate with me and I will tell you what to do.
Trade active:
Remember not to trade with a full position. If you are trading with a full position at the moment, you are worried that the cpi data will burn your account.
Trade active:
——Gold technical analysis, how to operate at night?——
Looking at the daily line for gold, the price may fall further. Technical indicators are targeting lower levels, although the momentum indicator is stuck at neutral levels. On the other hand, the Relative Strength Index (RSI) is showing a bearish slope and is currently sitting around 42. Meanwhile, gold prices are trading below all moving averages, with the 20-day simple moving average (SMA) and the 200-day SMA around 1,920. Looking at gold from the 4-hour line, the 20-period SMA is accelerating downward and is below the longer-term moving average. Technical indicators are exhibiting neutral to bearish slopes within negative territory, reflecting the dominance of bears. Overall, for gold operations tonight, I recommend mainly shorting on rebounds!
Evening gold operation strategy:
Short order strategy: It is recommended to go short between 1910 and 1912, stop loss at 1919, and target around 1896;
Long order strategy: It is recommended to go long between 1896-19894, stop loss at 1888, and target around 1907.
Accurate signal contact me to get
Looking at the daily line for gold, the price may fall further. Technical indicators are targeting lower levels, although the momentum indicator is stuck at neutral levels. On the other hand, the Relative Strength Index (RSI) is showing a bearish slope and is currently sitting around 42. Meanwhile, gold prices are trading below all moving averages, with the 20-day simple moving average (SMA) and the 200-day SMA around 1,920. Looking at gold from the 4-hour line, the 20-period SMA is accelerating downward and is below the longer-term moving average. Technical indicators are exhibiting neutral to bearish slopes within negative territory, reflecting the dominance of bears. Overall, for gold operations tonight, I recommend mainly shorting on rebounds!
Evening gold operation strategy:
Short order strategy: It is recommended to go short between 1910 and 1912, stop loss at 1919, and target around 1896;
Long order strategy: It is recommended to go long between 1896-19894, stop loss at 1888, and target around 1907.
Accurate signal contact me to get