After the market movements of the market on Monday and Tuesday, the basic state of the strengthening of the US dollar and the weakening of gold has been temporarily determined.The market will next welcome the release of data this week. ADP employment change data will be released on Wednesday, the number of initial jobless claims will be announced on Thursday, and the non-farm payrolls report will be released on Friday.
As can be seen from the chart, gold is still in a downward trend. If it falls below yesterday's low, it may reach 1995, focusing on the impact of ADP data in the US market.
Yesterday, the range of gold was 2009-2040, and it closed near 2020. Today, it surged again to 2035. It did not break through yesterday's range, so it is still mainly sold today.
As long as you follow my trading strategy, your success rate will greatly increase
If you don't know how to trade, join me and let us learn together to improve the success rate
Trade active:
Follow my strategy and your success rate will greatly increase
Trade active:
Gold has fallen again, today I have prompted to sell mainly
