Data will be Bearish for GOLD

4月2日

Affected by tariffs and inflation news, gold fluctuated sharply before the market closed. The market was in a situation of double kills for both long and short positions, and the sentiment was still fermenting. At present, the bulls also took this opportunity to successfully break through the resistance, and the price returned to above 3140 again. From the perspective of the pattern, there is still room for growth in the short term.

Before the US market, you can look for trading opportunities in the 3158-3123 range. The unemployment benefit data will be released during the US market, and the data is expected to be bearish for gold. Therefore, within 30 minutes before the data is released, if you hold a long order, please be cautious. At that time, I will also send you the latest trading plan based on the market situation.

If you are currently in trouble and need help, you can leave me a message.

4月3日

交易進行

Today, gold rose to 3167 in the Asian session and then began to fall unilaterally. In addition to the impact of the news, there are also technical patterns and expected reactions to the unemployment data to be released. The market is digesting the data in advance, which will undoubtedly increase the difficulty of trading when the data is released later. I expect that the long and short double kill situation will come out again at that time.

In this case, if you want to enter in advance, you must control your position. Whether you are long or short, as long as your account security factor is high, you can make money in the end. When the price stabilizes after the data is released, high shorts will be the main trading direction, and low longs will be auxiliary.

As for the current transaction, you can go long in batches and pay attention to controlling your position.