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: During the Asian session on Thursday (July 13), spot gold fluctuated at a high level, once refreshing a nearly three-week high to $1962.36 an ounce. The price of gold rose by more than 1%, approaching the dual resistance of the 55-day moving average and the 1960 mark, as overnight data showed that U.S. inflation had cooled, boosting market hopes that the Fed may end the interest rate hike cycle earlier than previously thought, and the U.S. dollar continued to plummet and refresh More than a year low, U.S. bond yields have also weakened sharply, providing momentum for gold prices to rise. In this trading day, attention should be paid to the PPI data of the United States in June and the changes in the number of initial jobless claims in the United States.
Gold market trend analysis and operation suggestions
Technical analysis of gold: Gold rose on a large-scale yesterday, breaking through the upper track of the range to open up space, a breakthrough after a long period of trading. Powei heavy volume in line with expectations. In the first three trading days of this week, it has been emphasized that the repeated dips and rebounds are to prepare for a breakout. Heavy volume was formed yesterday. After standing in 1940, it reached a new high. The daily line and Dayang line are full. At the same time, after breaking the range, it will continue the heavy volume increase of one or two transactions, and the weak decline of the US dollar will continue to boost the price of gold. After the daily line stabilized the moving average and broke through the high point of 1940, the short-term is bullish.
After sorting out the 4-hour chart, the big positive line has increased volume, breaking the upper track of the range, and at the same time breaking through the high volume to open the Bollinger Road. At present, the breakthrough high at 1940 has been converted into support. After the breakthrough last night, it retreated at 1941 and then started to rise steadily and stand firm at 1950 .The first support point of today's short-term operation is in the 1950-1952 area. In the hourly chart, the steps fluctuated and increased, and the support of the middle rail moved up to 1950, which is also a multi-point position today. After the Asian market is expected to be consolidated horizontally, the European market will once again hit a record high. Keep the idea of taking advantage of the trend unchanged. On the whole, today's short-term gold operation thinking, Peng Guangzhe suggests that the callback should be mainly low and mostly, and the rebound should be supplemented by a rebound from high altitude.
Suggestions for short-term operation of gold
Empty order strategy:
Gold rebound: 2/10 short position (buy short) around 1963-1965, stop loss 8 points, target around 1955-1950, break position to see 1945 line (suggestion is for reference only, investment is risky, you need to be cautious when entering the market!)
Multi-single strategy:
Gold pulls back around 1943-1945 to do long (buy up) 2/10 position, stop loss 8 points, target around 1950-1960, break position to see 1960 line (suggestion 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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