【Today’s Strategy】
After the market rebounded to double pressure levels in early trading today, it quickly fell below 29,100 points. After the short sellers vented their emotions, judging from the past trend, it will continue to decline in the short term, and from the current weak rebound, it is certain that the market will test around 28,600 points again. The validity of the support, as this week's non-agricultural data is about to be released, whether it will continue to decline or a strong reversal to clear the short order needs to be verified, but judging from the previous value and expected value of the non-agricultural data, it is bullish for spot gold, so in After the short sellers are vented, it is hard to say whether the bulls can counterattack on a large scale. However, the release of non-agricultural data will inevitably lead to large fluctuations in the market. Since the bulls are more or less willing to repair the situation after the decline, they will adopt operational measures. Short long and long short, because the market has fallen for five waves since the high of more than 30,000 points so far, and the short sellers have certain signs of exhaustion.
Follow me, Lao Shuantou, and let’s reach the peak of life together!
After the market rebounded to double pressure levels in early trading today, it quickly fell below 29,100 points. After the short sellers vented their emotions, judging from the past trend, it will continue to decline in the short term, and from the current weak rebound, it is certain that the market will test around 28,600 points again. The validity of the support, as this week's non-agricultural data is about to be released, whether it will continue to decline or a strong reversal to clear the short order needs to be verified, but judging from the previous value and expected value of the non-agricultural data, it is bullish for spot gold, so in After the short sellers are vented, it is hard to say whether the bulls can counterattack on a large scale. However, the release of non-agricultural data will inevitably lead to large fluctuations in the market. Since the bulls are more or less willing to repair the situation after the decline, they will adopt operational measures. Short long and long short, because the market has fallen for five waves since the high of more than 30,000 points so far, and the short sellers have certain signs of exhaustion.
Follow me, Lao Shuantou, and let’s reach the peak of life together!