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2.4 Jingyi Gold Morning Review: Key Turning Point Approaching
Today, gold enters this week's critical turning window. The bulls and bears are engaged in a heated battle, and the market trend is crucial for investors. Caution is advised in operations. The analysis is as follows from three aspects:
News Perspective: ADP data becomes the key driver, and the market awaits a breakthrough. After a deep V-shaped correction, both bulls and bears remain cautious. Capital flow has converged, and the market is consolidating energy, waiting for the ADP data release to break the current balance.
Technical Perspective: Gold prices are at the end of a converging triangle, with the direction imminent. The oscillation range continues to narrow, and a breakout is urgently needed. In this pattern, avoid blindly betting on a single side, and beware of data triggering a reverse trend.
Gold Trading Recommendations:
Control your hands, wait for a breakout, and follow the trend. Focus on the resistance level at 5000 and the support level at 4650. Within the range, mainly observe and trade less; once the market aligns with the data breakout, follow the trend to enter. #BTC何时反弹?