Today, after several tests, gold still failed to fall below the support of 1810. The intraday range is still positioned between 1815 and 1830 for the time being. Within the range, there are opportunities for both long and short positions. It feels like the market is more like a correction. Considering that the United States will release non-agricultural data tomorrow, the real fluctuation will be tomorrow.
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Follow up consistently.
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Today, focus on the upper resistance of 1830. A breakthrough will confirm a rebound.
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The United States will release non-agricultural data in half an hour, which needs to be paid close attention to.
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After the data was released, it was negative for gold, but it has not yet fallen below 1810. You can wait and see for the time being and seek direction before trading.
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Go long at low levels in the short term, and the profit target has been reached.
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At this time, at the high level of 1824, you can choose to go short in the short term to obtain short-term profits.
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It has broken through the 1830 resistance and gold is recovering.
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