Gold: Look at the adjustment under 2000

Basic face analysis:

Monday (April 10), the former non -agricultural data still "firmly" stimulated the market's interest rate hike betting on the Fed. The US dollar index rose sharply during the day. Finally closed down 0.83%. Looking forward to the market outlook, once the US March CPI data released this week meets or exceeds expectations, in the case of OPEC+unexpectedly announced further production, the Fed may have to show more eagle, thereby stimulating the US dollar to strengthen, and it will continue to suppress the performance of gold prices. Essence

Spot Gold XAUSD four -hour chart

Technical analysis:

Looking at the 4-hour chart, after the callback fell below 2000 points, it continued to be further blocked. At the same time, the MACD volume could start to penetrate the zero axis, increase the pressure back pressure, and pay attention to the 2000 pressure level within the day.

Resistance level: 2000 2030

Support bit: 1970 1950

Trading strategy: Below 2000 to see the drop, target 1970 1950

Extracting strategy: Bull above 2000, target 2020 2040