Before the start of this morning, Fitch lowered US credit, the dollar index fell, gold began to rise, the highest rose to 1954, perfectly reached the take profit target I gave earlier 1953, then the US ADP data was released, affected by the data, gold continued to fall after the start of the US market, after reaching 1932 began to oscillate, currently came to around 1937, for ADP data, I also gave my analysis, the result is the same as my analysis, the published value is greater than expected, but, The impact of the data is short-term, the last 2 days of the week, there are still important data not released, before this, I think gold will reappear the upward adjustment, for the subsequent gold decline space to open up space, here it should be noted that gold from the beginning of the wide range of volatility began to narrow the range, so in the next transaction, the short-term target to buy gold, and then profit before the data is released to close the order
Gold Personal Trading Strategy:
XAUUSD:buy@1930-1935 tp1942-1947
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Small range shocks, do not pursue too much profit
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Be patient and wait for gold to pull back
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Get the target profit to reduce the position