What sparks will gold create today?

Jul 31
Gold has risen again due to the stimulation of risk aversion. Today, the small non-agricultural sector and the Federal Reserve's interest rate decision will both appear. What kind of sparks will gold create?

Gold is likely to remain volatile before the data. Gold can go short on rallies below the high of 2413. Don’t chase the rise before the data.

Jul 31

Trade active

Jul 31

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Gold can be shorted on rallies, stop loss 2417

Jul 31

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Jul 31

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The target of gold is around 2390. Of course, if you make a certain profit from your short position, you can choose to close the position.

Jul 31

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Gold 5-minute chart fell slightly

Jul 31

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In the past two days, gold has slowly risen under the stimulation of risk aversion, but the intensity is indeed completely different from the risk aversion that changed the trend before. It only rose slowly, without a strong and powerful rise.

Jul 31

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Jul 31

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Gold hit a high of 2425 and then fell back. It started to be under pressure in the short term, which means that the risk aversion has come to an end for the time being.

Jul 31

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If gold is under pressure in the short term, then go short first and pay attention to 2400 below.