It s January non farm week again, and the big pullback that has just been experienced, has gold gone

Mondo Finance Updated on 2024-01-28

It's the non-agricultural week in January again, has the big rise that I just experienced**, is it out of the direction?

Tomorrow is a monthly non-agricultural data, but also the data that investors pay more attention to, the last value was 150,000, the expectation is 17,500,000, the current expectation is biased towards a value of bullishness, if the announced value is greater than 17,500, it is a large bull;Personally, I expect the data to be released this week should be a value greater than 17,5, biased towards bearishness!!There is also an unemployment rate worth paying attention to, with the current previous value and forecast being 39%;If the unemployment rate remains high, it represents a recession in the U.S. economy, and it will also create energy for the U.S. to cut interest rates!

This Monday because of the further deterioration of the Middle East pattern, the highest impact of the opening to the 2145 line, and then again** to around 2009, the trend of the past few days can be said to be basically useless, ** whether there is a reversal signal, it is still too early;You can only take one step at a time;Personally, I recommend that it is mainly in the sky!Breaking is a supplement!

Technically, from the daily chart, the MACD indicator began to shrink, the short-term **5th and 10th** began to turn downward to suppress the gold price, combined with a recent trend, the current strong pressure above the 2071 level, this line is currently a double top pattern, the bulls want to continue to break through must stand on this line again;The second pressure level is around 2045, which is also the previous stagflation pointThe third pressure range is around 2033-2036, which is the area of recent long-short contention, and it is also the current suppression area.

The lower support is from the ** chart, the first two trading days in 2018 appeared a small bottom, and it is also close to the 15th ** support position, so the first support is here;The second support is the stop point of the *** in 2009, which is also a high point in the early stage;

Because tomorrow is the non-agricultural market, the market trading should be more cautious, the volatility will not be too large, the recent recommendation in 2033-2036 layout short, see 2023-2018 break to see 2009;Break above 2037 retracement 2035 more, see 2045;See 2018 for the first time, see 2023-2025;Fall below 2018**2020 short, look at 2013-2009!It is still mainly high-altitude, supplemented by breaking!

It is recommended that the 2033-2036 layout is short during the day and hold until tomorrow's non-agricultural policy!Hope you all are well!

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