Non-farm payrolls is just the beginning, can gold accelerate the breakdown?
Needless to say, 2048 or 2050, this is the absolute advantage of the non-agricultural before the bearish position, I don't know if you have participated in the entry, I don't need to say more, what I see is the 2000 break, I also know that a non-agricultural may not have such a strong downward force, but you will never have a chance if you don't try, knowing that 2088 has now peaked, although the decline of $40 can not be directly determined, but now is not out of the debate period? The result of the argument is to look at the final fluctuation of the market, if the non-farm payrolls can't do it, I will continue to execute the trading idea of breaking through 2000 next week.
You are more concerned about the value of non-agricultural data, for me, it is good and bearish, as long as I get that the labor market has not slowed down or weakened significantly, the price fluctuation is just the appearance, as long as the US recession is not corroborated, then there will be bearish operation space in the follow-up, don't forget, the non-agricultural is followed by the release of CPI inflation data, that is to say, the non-agricultural is just the beginning, if you have shorted, now you only need to bring your stop loss to the protective position, the perfect trading advantage, if you are beaten, just look at the size of the data difference, if the number of people and other values are not bigWe have to wait for the data to come out at that time, so we don't have to worry so much about it now.
At least you don't have to think about what to do at 9:30 p.m. now, the reason why you go to see the 2030 break, because the current decline is far from enough to change the trend of power, we all know that 2015 began to fluctuate and rise, you fell to 30 at most as a gain-taking, there is nearly a third of the shock space remains, only below 2015 or even 2000, it will mean that gold turns, so this is also one of the targets that our current bears must look at.
Secondly, the buffer time of 2030 has exceeded two days, so in terms of the trading rhythm of the main fall and the secondary rise, the magnitude of the second wave of the outbreak should also be compared with the first wave, 50 US dollars, that is not 2000 points?
At present, the employment data is very good in my opinion, and the employment in the service industry has also re-supported in December, so I really think that there is nothing to worry about in December non-farm, but it is not necessarily whether it will be good in January, but it doesn't matter, the data in January will wait for February and then go to the headache, in December, the demand of consumers will rise, and the temporary employment growth will drive the data blowout, so I don't think there is any difficulty in analyzing this data, it depends on the market reaction.
Disclaimer: There will be a lag in the update of the article, and it needs to be judged based on the actual situation
This article only represents personal views and is for reference only, investment is risky, and you need to be cautious when entering the market