What news has recently affected the trend of gold? How to study and judge the long and short of gold today?
Analysis of gold news: In the Asian market on Tuesday (July 25), spot gold rose slightly, trading around $1962 per ounce. Recently, the price of gold has been affected by various factors, which may affect its market trends. One of the key factors affecting gold prices is the performance of the U.S. dollar index. The U.S. dollar index has maintained a steady and rising performance recently, and has recently approached the one-week high set on July 20. A stronger dollar could limit gains in gold prices. Another major influencing factor is that this week the world's major central banks, Europe, the United States and Japan will appear one by one and plan to announce interest rate decisions. Notably, the Federal Reserve, the European Central Bank (ECB) and the Bank of Japan will make announcements within 48 hours from Wednesday to Friday. While the market has already priced in a 25 basis point rate hike from the Fed and the ECB, the focus will be on statements from Fed Chair Jerome Powell and ECB President Christine Lagarde on future monetary policy. Any hint of a tougher stance could lead to higher expectations of peak interest rates, which would increase the opportunity cost of holding non-yielding bullion, such as gold, and thus put pressure on gold. On the whole, although the geopolitical situation and economic recession worries still provide safe-haven support for gold prices, the dollar continues to rebound, U.S. bond yields are relatively firm, and U.S. stocks continue to rise, making gold bulls still have scruples. The Fed’s interest rate decision is approaching, and gold prices are expected to The short-term tends to run in shock.
Gold market trend analysis and operation suggestions
Technical analysis of gold: The small negative line of gold continued to fall and adjust yesterday, and further refreshed the low point to 1953. It happened to be the first target of short-term short-term orders yesterday. It continued last week's small Yinxian drop. There are four consecutive negative lines on the daily line, but the real body closes large, and it only fluctuates and falls back for correction. The reversal has not yet formed a trend. In the 4-hour chart, the small steps fluctuated and fell back. Yesterday’s rebound fell back under pressure around 1966, combined with last Friday’s rebound high of 1973. The high point is moving down, and the low point is down. It fell back in a fluctuating manner, and the weekly line closed the Shanghai Shadow K-line last week. This week, the upper shadow line was under pressure and fell back for correction. The 1-hour chart is in a downward trend, of course it is a short-term structure. The short-term structure changes rapidly. The time limit is short, and it is currently operating in a volatile and downward channel. On the whole, Peng Guangzhe recommends high-altitude as the main short-term operation of gold today.
Suggestions for short-term operation of gold
Empty order strategy:
Gold rebound: 2/10 short position (buy short) around 1968-1970, stop loss 8 points, target around 1960-1950, break position to see 1945 line (suggestion is for reference only, investment is risky, and you need to be cautious when entering the market!)
Multi-single strategy:
Gold pulls back around 1950-1953 to do long (buy up) two-tenths of the position, stop loss 8 points, target around 1960-1970 (recommendation is for reference only, investment is risky, and you need to be cautious when entering the market!
Peng Guangzhe—Speak the truth to friends who invest
When you read this article by Peng Guangzhe, it proves that your operation is not ideal, but you are not reconciled. I am not reconciled to having all my funds taken away by the market in this market. But where is the problem, friends, please rationally analyze why you are always slower than others. Guangzhe has always emphasized that to reasonably control positions, the main focus is to control risks. If you want to make an investment overnight, you will have a hundred nights to regret it. What we learn is knowledge, and what we accumulate is wealth! There are no 100% orders in this market, and there will always be mistakes. What the market lacks is not a teacher or a strategy, but a qualified risk controller. If you are always the same on the road of investment, then you are a real failure!
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