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Legend of the Golden World: Keep the bottom of the golden 1950 empty!

2023-08-31 16:26:52    Source: Special arrangement of Goldnet


(Data map)

Yesterday, gold fell back below 1950 as expected, and the 1950 we gave at the beginning of the week was basically realized. However, the space for falling back is limited in the middle of the night. At present, it is still stuck in the high shock and glue.

In view of this situation, I think today is the last trading day of this month. Even if it does not fall, it will be difficult to rise again. The key pressure level above still focuses on the 1950 level, while the support below focuses on the support near yesterday's low point of 1935, and the failure further focuses on the support near 1923. Only falling below 1923 is expected to further open the downward space.

Therefore, in terms of operation, it is suggested that gold should hold an empty order below 1950 today, even if it is broken, it will not be pursued until tomorrow.

(The investment is risky, so you should be cautious when entering the market; the above suggestions are for reference only, and you should be responsible for your own profits and losses accordingly)

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