Analysis of 9.11 Gold Short-term Operation Strategy
Gold, if it rebounds to 2520, go short directly. Don't wait until you see a decline before chasing it. It is easy to be buried at the low point. The top and bottom conversion pressure is at 2500-2505 US dollars.
The continuity of the short position is as bad as ever. It took less than two hours to end the battle from 2500 US dollars to 2485 US dollars yesterday.
After that, all rebounds are to lure shorts. As long as there is no participation in shorts in the Asian session, there will be no chance in the European and American sessions. It finally rose to 2507 US dollars, an increase of 20 US dollars.
Every decline that seems to be unfavorable factors quickly recovered the lost ground, including the panic selling on Tuesday last month after the non-agricultural data.
Gold is brewing a huge market. The volatility in the past few days is just confusing behavior. It won't be long before the unilateral market will come, especially the Federal Reserve's interest rate decision on September 19 and the US CPI inflation data for August on Wednesday.
The Federal Reserve is now in a "silent period". Behind the seemingly calm, as long as someone shouts: Fire. Then the whole market sentiment will be ignited instantly. Don't be too attached to the current range-oscillating market. Generally, it's good to hold 15-20 US dollars.
Now, the gold price is in a high-level box oscillation. I prefer an upward breakthrough in the general direction. The position of 2530 US dollars is not the top. Once it is broken, it will go straight to 2600 US dollars. However, the ideal position to participate is the area close to the lower track of 2480 oscillation, rather than chasing on the top of the mountain.
Today's focus is the annual rate of the US unadjusted CPI in August and the US EIA crude oil inventory for the week ending September 6.
Today, first pay attention to the support position of 2500-2498. Last night, the US market tested the support of 2493, so this can be used as the dividing point for today's day, and then participate in the short-term rebound upward and pay attention to 2515-2518,
The continuity of the short position is as bad as ever. It took less than two hours to end the battle from 2500 US dollars to 2485 US dollars yesterday.
After that, all rebounds are to lure shorts. As long as there is no participation in shorts in the Asian session, there will be no chance in the European and American sessions. It finally rose to 2507 US dollars, an increase of 20 US dollars.
Every decline that seems to be unfavorable factors quickly recovered the lost ground, including the panic selling on Tuesday last month after the non-agricultural data.
Gold is brewing a huge market. The volatility in the past few days is just confusing behavior. It won't be long before the unilateral market will come, especially the Federal Reserve's interest rate decision on September 19 and the US CPI inflation data for August on Wednesday.
The Federal Reserve is now in a "silent period". Behind the seemingly calm, as long as someone shouts: Fire. Then the whole market sentiment will be ignited instantly. Don't be too attached to the current range-oscillating market. Generally, it's good to hold 15-20 US dollars.
Now, the gold price is in a high-level box oscillation. I prefer an upward breakthrough in the general direction. The position of 2530 US dollars is not the top. Once it is broken, it will go straight to 2600 US dollars. However, the ideal position to participate is the area close to the lower track of 2480 oscillation, rather than chasing on the top of the mountain.
Today's focus is the annual rate of the US unadjusted CPI in August and the US EIA crude oil inventory for the week ending September 6.
Today, first pay attention to the support position of 2500-2498. Last night, the US market tested the support of 2493, so this can be used as the dividing point for today's day, and then participate in the short-term rebound upward and pay attention to 2515-2518,
ملاحظة
It's going as expected
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t.me/divedgold123
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