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Capital Finance International Magazine (CFI.co)颁赠
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Capital Finance International Magazine (CFI.co)颁赠
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2014年首届亚军
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market news
careful! ! ! There is a risk!
Wonderful Introduction:
Life is full of dangers and traps, but I will never be afraid anymore. I will always remember. Be a strong person. Let "strong" set sail for me and always accompany me to the other side of life.
Hello everyone, today XM Forex will bring you "[XM Forex Decision Analysis]: Be careful!!! There are risks!". Hope it will be helpful to you! The original content is as follows:
Will gold fall sharply today? Or to reach a new high?
Then the non-farm tonight is very important!
After entering June, I have always emphasized that gold will reach 3400 this week, so as of yesterday, the highest price on the market was 3403! Subsequently, there was a sharp retracement during the US session, falling below the key area of 3345 for a while. This position is also a key area that I have been emphasizing in recent days!
Then the question is now, will gold peak and fall sharply after 3345 fall below?
On Wednesday, the market rose sharply after the small non-agricultural ADP was significantly bullish on gold. So will the big non-agricultural ADP also be bullish on gold tonight, and then a big rise will occur, and then return to the decline?
Simply put, gold has lacked strength in recent times, and the main reason is the lack of fundamental factors to promote it. ADP was favorable on Wednesday, and gold rose directly to 3,400, and then returned to the decline! This shows that the bullish momentum lacks sustainability!
So, will the same trend appear after the non-agricultural announcement tonight?
In other words, even if gold is favorable, the market will rise, but will the decline be the final destination?
If this is the case, then everyone should be careful. Especially for those who are long, every rise will give you a chance to get off the bus. In the premise that the fundamentals are lacking sustainability, don’t have too much confidence in the bulls!
On the contrary, every sharp rise will be accompanied by a huge drawdown risk. Everyone must be careful about this and be careful to be trapped at a high level!
From the market perspective, gold fell below the 3345 area in the early hours of the night, which also shows that today's rebound contains a great risk of losing the market! Of course, if there is short message on the marketI will also say this in the fan club!
The above content is all about "[XM Forex Decision Analysis]: Be careful!!! There are risks!". It was carefully zeizao.cnpiled and edited by the XM Forex editor. I hope it will be helpful to your transactions! Thanks for the support!
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