XAUUSD: Gold is expected to break below 1900 next week
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This week, the gold trading accuracy rate reached 100%, and the friends who trust me have basically doubled the funds, thank you for your trust.
So will gold rise or fall next week?
Next week I remain bullish on the fall, focusing on the following events that affect the price of gold.
1. U.S. debt negotiations, the current debt negotiations still have no agreement, there are major differences, so that the market is worried about the risk of default, so as to short-term hedging and bullish gold, but obviously the agreement will be reached with a high probability, and the risk of default will be eliminated, which will be good for the dollar and bearish for gold.
2, the release of non-farm data, last month's non-farm data unexpectedly increased, bearish gold, and this month's expected value of 180,000 people, from 25.3 to 18 is extremely likely, after all, 180,000 population is a new low in two years, which is unlikely, so the announcement value, I think it will be greater than the expected value of 180,000 people, thus bearish gold.
Therefore, next week, gold continues to be bearish, bearish to break through 1920/1900, medium line 1951/1945 short orders continue to hold, short-term rally 1956 and short.
Next week, the specific operation will be gradually updated, follow me, take you step by step to expand your wallet, welcome friends to leave a message to discuss, I will answer for you as soon as possible!
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