Gold was under pressure as scheduled yesterday, pay attention to

In terms of gold, gold prices generally fell on Thursday. The lowest price of the day was 1902.53, the highest rose to 1927.47, and closed at 1910.67. Looking back at the market performance on Thursday, after the opening in the morning, the price was supported and revised upwards in the short term. The price also tested the 1925 area as expected before starting to decline. The time point is in the U.S. market, and it fluctuated slightly overnight. High-altitude processing, short-term focus on the 1917-1918 range resistance, layout after the price is in place, and focus on the 1900-1890-1880 area below. The market as a whole is bearish, and the operational advantage can be withdrawn to the key resistance space.

The gold 1917 area is empty, the defense is 10 dollars, and the target is 1900-1890-1880


Financial data and events to focus on todayFriday, July 7, 2023


① 13:45 Swiss June seasonally adjusted unemployment rate

② 14:00 The monthly rate of industrial output in Germany after seasonal adjustment in May

③ 14:00 Halifax seasonally adjusted house price index monthly rate in June

④ 14:45 French trade balance in May

⑤ 16:00 China's June foreign exchange reserves

⑥ 20:30 Employment figures in Canada in June

⑦ 20:30 U.S. non-agricultural employment and unemployment rate after seasonal adjustment in June

⑧ 22:00 US June New York Fed Global Supply Chain Stress Index

⑨ 22:30 U.S. to June 30 week EIA natural gas inventory

⑩ At 00:45 the next day, Lagarde, President of the European Central Bank, participated in the panel discussion

⑪ 01:00 the next day The total number of oil rigs in the week from July 7 in the United States


The trend is still floating within my analysis, hello traders, please continue to pay attention to my analysis, I wish you a happy life

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What's your opinion on my analysis?

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Gold starts to adjust, downtrend is about to start

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