Gold is now in an obvious downward trend. After today's decline, the important resistance should be around 1916-1920 tomorrow. Because it fell below 1900 today, the support has changed from strong to weak, so if there is no market tomorrow Bullish news appears, it is likely to be around 1986.
Today's plan is very clear, if you are bullish, go long directly, if you are bearish, you will look at the strength of the short sellers, if you are strong, you will go after the short sellers, if you are not strong, you will go long. Now it is back above 1900. There is no breakthrough in 1916, and the resistance still exists. If it does not break tomorrow, it will continue to be short.
There will be NFP data next week, and the data will be released once a month. The impact will be very large, especially at this juncture. Be prepared, we will have a big battle next week!
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The data just released is bullish for gold, and there will be data later, it is expected to be more likely to be negative
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The channel has trading signals
