Gold, this round of price stagflation sell-off from 2956 high to 2833, non-farm payrolls at the end of last week put pressure on 2930, fell to 2880 on Monday and then rebounded, affected by market news, the continuity is not strong, the article emphasizes that the market will break through the parallel high of 2930; after consolidation on Wednesday, it rose to 2940 overnight, verifying the idea; the daily chart has many consecutive positive structures, and the attack and defense of the 2940-2956 range will be focused on at the end of the week;
The market opened at 2934 in the morning, and the short-term support during the white session 2930-2926, strong support 2922 and daily chart MA5-2916; short-term resistance 2940-2942, strong resistance 2952-2956, daily chart Bollinger upper rail is around 2960;
In terms of operation, yesterday’s 2910 long successfully reached 2930, and the main long position continued to retreat during the day, and pay attention to the impact of the initial jobless claims data in the evening;
Strategy 1: Buy at 2930-2926, protect 2920, target 2940-2956;