XAUUSD: NFP data, continue to sell high

7 ก.ค. 2023

Gold fell sharply after surging yesterday, we were short at 1925 yesterday! As a result, everyone can see it! Today I will continue to be bearish and refuse to be an afterthought. Today's 1915-1920 current price continues to be empty!

Gold is still in a downtrend. After breaking the middle track of Bollinger on the weekly line, it will drop to the lower track of Bollinger, and the support below is in the 1830-50 area! Band target has not yet arrived! This is also what I have emphasized many times recently, and it is also the reason why we are firmly short each time!

Judging from the hourly chart, gold is now in a downward phase, and the rebound is weak. The current pressure is 1915-1920. Relying on this position within the day, it will continue to be empty! Today's big non-agricultural situation is also a turning point! There is a high probability that it will continue to break new lows! Empty, the current price of 1915 is directly empty!