Domineeringdeal

Non-agricultural super-expected defeats the confidence of bulls,

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Domineeringdeal Updated   
PEPPERSTONE:XAUUSD   Gold Spot / U.S. Dollar


The non-agricultural data on Friday increased by more than 40,000 people, far exceeding the expected value. Gold also fell to the ground under the pressure of negative pressure and formed a unilateral downward trend. At present, gold can be regarded as a second bottoming trend under the influence of data. There may be a new low in the short term, but whether it can fall below the previous low of 1932 remains to be seen. For gold operation, it is recommended to sell at 1953, stop loss at 1957, target 1944~1939, and if it falls below, it will test 1932. If there is no rebound in the middle and falls directly to the 1939 line, pay attention to the emergence of short-term counter-drawing.

On the gold daily line, a large cloud appears, and the short-term negative engulfs the pattern, and the trend is temporarily beneficial to the bears.
The intraday pressure is 1953~1957, and the support is 1939~1932.

Hello traders, if you have better ideas and suggestions, welcome to leave a message below, I will be very happy
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