Gold rose sharply yesterday, but today it is obviously not strong enough. If it is no longer strong, it will become weaker. The European market maintains the idea of shorting and bearish around 1960 unchanged! Continue to hold empty orders!
Gold's current rebound has touched the previous consolidation pressure position, and there is an adjustment need! So operate at a high altitude to see the callback. The support below is the support position of 1930 that broke through yesterday. After the breakthrough, the long-short conversion and the pressure become support.
The U.S. market maintains the bearish thinking unchanged, and the pressure position of the daily line is the watershed between the long and short bands. Whether the bulls will rise or the shorts will fall in the market outlook, now is the key point!