Gold $XAU rebound ultimately couldn’t hold up under pressure!
After the non-farm payrolls drop to 4370, it went through a round of corrective rebound, with the highest touch nearing 4500, but it failed to hold above it. At present, it has entered a pattern of the rebound ending and returning to a range-bound, slightly weak trend.
Coupled with the early close of the US market tonight, liquidity will decline in the second half of the night, so in the short term, the preferred approach is a range-bound bearish bias.
Rebound 4440-4425 hollow target 4400-4385, break below and look at 4370
#中国八大金融机构注资3600亿元
After the non-farm payrolls drop to 4370, it went through a round of corrective rebound, with the highest touch nearing 4500, but it failed to hold above it. At present, it has entered a pattern of the rebound ending and returning to a range-bound, slightly weak trend.
Coupled with the early close of the US market tonight, liquidity will decline in the second half of the night, so in the short term, the preferred approach is a range-bound bearish bias.
Rebound 4440-4425 hollow target 4400-4385, break below and look at 4370
#中国八大金融机构注资3600亿元
