From the perspective of this week's market pattern, the Asian session trend mostly shows a one-sided flow characteristic. Regardless of rising or falling, the European session is difficult to continue the trend and instead falls into a range of fluctuations and adjustments, while the evening session is highly likely to welcome a directional reversal. Today, we need to pay close attention to the continuity of this cyclical rhythm.
In terms of operation, the overall intraday maintains a fluctuating pattern. In terms of levels, the gold price surged to around 4342 in the morning, which can be regarded as the primary resistance level for the day, and we should first pay attention to the strength of the pullback; the support below focuses on two key areas: one is the psychological support at the integer level of 4300, and the other is the strong support at the low point of 4290 from last night's evening session.
If the European session falls back to the support area and shows a stabilization signal, consider positioning for long orders, betting on the potential rebound during the US session. Personal suggestion: short orders at 4335-4340, targeting 4306-4300.
Long orders: position at 4300-4295, targeting 4330. $BTC $ETH #美国非农数据超预期 #BinanceABCs #ETH走势分析
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