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Gold: Broad -up shock
2023-09-03
509
Basic face analysis:
On Friday (September 1) in August, non -agricultural slightly exceeded expectations, but the unemployment rate rose unexpectedly, and the growth rate of salary also slowed. The possibility of going out of the Federal Reserve this year is less likely to raise interest rates again. After the release of non -agricultural release, gold rose first, then a width shock, and finally closed up by 0.05%.
Spot gold xauusd four hours
Technical analysis:
Looking at the 4-hour chart, after the gold rose to 1950, it was blocked and fell. It stopped falling again in supporting 1935, the market entered the shock, supporting attention near 1935, and the resistance attention was near 1950-1960.
Resistance level: 1950 1960
Support bit: 1935 1925
Trading strategy: Bull above 1935, target 1950 1960
Alternative strategy: Below 1935, target 1925 1910
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