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 Wednesday (July 12), the U.S. dollar index continued its intraday decline and is currently around 101.40; the price of spot gold suddenly accelerated in the short term, and the price of gold is currently approaching $1,940 per ounce. On this trading day, investors will focus on the US CPI report, which is expected to trigger a big move in the gold market. Some investment banks said that if the U.S. core CPI data falls short of expectations, gold prices are expected to strengthen further. The U.S. dollar index fell to its lowest in two months yesterday after Fed officials said the tightening cycle was drawing to a close, while sterling hit a 15-month high after U.K. wage growth beat expectations and gold climbed, in a move that could offer more clues to the Fed's rate hike path The dollar and U.S. Treasury yields fell ahead of U.S. inflation data. This trading day focuses on the CPI data in the evening.
Gold market trend analysis and operation suggestions
Technical analysis of gold: The daily K-line reported a shock and broke through Gao Zhongyang, and the overall price stabilized at the 1923 level, ushering in a breakthrough for the bulls. . In the 4-hour chart, there was a slight pause in the exploration of 1938 yesterday, but it closed at a high level in late trading, stepped back on 1930 and then started to rise steadily. At present, the support of the middle track of Bollinger Road is also moving up, and the 4-hour chart is waiting for a breakthrough with a large volume of momentum. In the short term, it is also repeatedly testing the resistance of high points. At present, combined with the weakening of the US dollar, the probability of a breakout is increasing. The 4-hour cycle is partially recorded around 1900, and a series of spindle lines and small solid lines are oscillating to form a bottom. There is rebound momentum in the short term, but the market as a whole is in a phased decline. The RSI of the 1-hour cycle has not hit a new high with the market New high, short-term top divergence, the current situation has ushered in a fall, the market outlook can continue to pay attention to the divergence signal! At present, the gold ETF as a whole is still in the process of continuously reducing its holdings. The short-term rebound has not changed, and the short-term rebound is not a reversal. The overall market outlook is still dominated by high altitudes! On the whole, today's short-term gold operation ideas Peng Guangzhe recommends rebounding and shorting, supplemented by callbacks.
Suggestions for short-term operation of gold
Empty order strategy:
Gold rebound: 2/10 short position (buy down) around 1940-1942, stop loss 8 points, target around 1930-1920, break position to see 1915 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 1920-1923 to go long (buy up) two-tenths of the position, stop loss 8 points, target around 1930-1940, break the position and look at the 1945 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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