12.6 Gold shock awaits non-agricultural sector
① Gold was still in a range yesterday and needs to wait for Friday's non-farm payrolls;
② The current daily indicator MACD is oscillating near the zero axis, and the dynamic indicator STO is oscillating upward with two lines; it means that there is no direction.
③ The daily Bollinger Bands are beginning to shrink and compress the range on the three tracks. The current upper and lower track range is 2705-2558, and the small range is the middle track and MA30 adhesion point 2631-2667
④ The current 4-hour moving average is entangled with the middle track, and the upper and lower tracks are running flat, which means range oscillation. The current range is 2629-2656.
Strategy:
[1] Long near 2615, defend 2605, and target 2644-2650-2658
[2] Short near 2660-62, defend 2669, and target 2650-2645
② The current daily indicator MACD is oscillating near the zero axis, and the dynamic indicator STO is oscillating upward with two lines; it means that there is no direction.
③ The daily Bollinger Bands are beginning to shrink and compress the range on the three tracks. The current upper and lower track range is 2705-2558, and the small range is the middle track and MA30 adhesion point 2631-2667
④ The current 4-hour moving average is entangled with the middle track, and the upper and lower tracks are running flat, which means range oscillation. The current range is 2629-2656.
Strategy:
[1] Long near 2615, defend 2605, and target 2644-2650-2658
[2] Short near 2660-62, defend 2669, and target 2650-2645
Senior Financial Analyst Main expertise: Analysis of financial products such as gold, US dollar, digital currency, etc. Telegram link: t.me/+43sO_tENBOswYWMx
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