GOLD-Wait for the trend to become apparent
Updated
Today we need to pay attention to the US non-farm payroll data, which will affect the market trend.
Gold reached a maximum of 2065 yesterday, and now it has been hovering around 2055. This means that the market has not yet chosen a good direction.
What we need now is not aggressive trading, but waiting patiently, waiting for the data to be released, and then trading with the trend.
As can be seen from the 4H chart, if the data is not conducive to gold, it may fall again to 2030, or even near 2020
If the data is favorable for gold and it breaks through yesterday's high of 2065, I think gold will test the previous high around 2078-2080
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