9.2 Analysis of short-term gold operations

Gold is long near 2490.



In the 4-hour period, there is a pressure level of 2530 on the top and a first-line support of 2492 on the bottom (it cannot fall after being touched multiple times). It is not a unilateral trend at present, so it still takes a long time to fall back. The middle track of the Bollinger Bands runs horizontally, and the price of gold is supported by the lower track of the Bollinger Bands. You can go long if it is close to 2492.



There is non-agricultural data this week. Gold will definitely break this week. The shock pattern between 2492-2530 will not last long. If you grasp the signal well, the big market is about to emerge.



Trading strategy: Gold is long near 2492, stop loss is 2482, target is 2510

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The current trend of gold is as analyzed by our team
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