==== What news has recently affected the trend of gold? How to judge the long and short of gold next week? ====
Analysis of gold news: At the end of the US market on Friday (June 23), spot gold closed at US$ 1,920.44/oz, an increase of US$6.58 or 0.34%. Looking ahead to next week, investors need to focus on the speeches of key Fed officials, including Fed Powell's speech on Wednesday. At the same time, Bank of England Governor Bailey, European Central Bank President Christine Lagarde and other central bankers will also make remarks. In terms of data, focus on the final value of the first quarter GDP of the United States . At the same time, changes in other geopolitical situations such as the conflict between Russia and Ukraine are objects that everyone needs to pay attention to. Fed Chairman Jerome Powell delivered hawkish speeches in both houses of Congress, putting pressure on gold prices. Federal Reserve Chairman Jerome Powell told a hearing before the Senate Banking Committee that the decision to hold off at last week's monetary policy meeting was an attempt to slow the pace of rate hikes, but he said it would be appropriate to raise rates again this year, perhaps twice. At the same time, Powell said that it is not expected to cut interest rates in the short term, and it is possible to act only after it is convinced that inflation is falling. Powell also expressed a similar view at the hearing of the House of Representatives on Wednesday. The suspension of interest rate hikes does not mean that the rate hike has been completed. Inflation is still far above the Fed’s target of 2%. There is still a long way to go before inflation falls back to 2%. . The divergence between market expectations and the Fed's message could send gold prices back and forth.
==== Gold market trend analysis and operation suggestions ====
Technical analysis of gold: Gold launched a back-drawing correction on Friday, reaching a maximum of around 1937. Although this move was unexpected to some extent, it was not unexpected from the perspective of market reason. After a continuous decline, the market will often carry out a piercing backwash, and both bulls and bears will go through a round of shocks and baptisms before taking the next step. There is no shortage of such anti-twitch moves in the recent down market. However, it needs to be emphasized again that a single yang retracement or a single yin retracement cannot be regarded as a condition for trend reversal in a continuous market, and they are more of a self-healing process of the market. On Friday, although gold touched the 1937 line, it fell back quickly, and the high point remained at the top of the downward channel, which was in line with the range of the reverse pumping.
The current support level is still maintained at the 1910 line. Therefore, in the short term, gold still waits for a counter-pump and continues to short. The 1910 below is the current temporary support level, and we need to pay close attention to the gains and losses of the up and down market. To put it simply, if gold stands on the 10-day moving average, it may turn from weakness to shock probability; if it cannot stand on the 10-day moving average, it will continue to fall weakly. If it falls below the middle track again and goes down, it may weaken further and try to test the support near 1900. On the whole, Peng Guangzhe suggests that the short-term rebound should be mainly short-selling in the opening operation of gold next Monday, supplemented by long-term pullbacks. The short-term focus on the top Focus on the first-line resistance of 1935-1940, and focus on the first-line support of 1910-1900 in the short term below. At present, if you have a long position at a high position, and you don’t know how to deal with an empty position at a low position, or if you have suffered serious losses recently, you can ask Peng Guangzhe for help. Real-time trend analysis entry and exit points and more medium and long-term layouts will be given in the real offer!
==== Gold short-term operation advice ====
Empty order strategy:
Gold rebound: 2/10 short position (buy short) around 1930-1933, stop loss 8 points, target around 1920-1910, break position to see 1905 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 1910-1913 to go long (buy up) two-tenths of the position, stop loss 8 points, target around 1920-1930, break the position to see the 1935 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!
This article is exclusively planned by a gold analyst. I would like to thank the readers for their love and support for Guangzhe's article. I hope everyone can gain and understand from Guangzhe's article! Regardless of whether the opinions and strategies of the article are consistent with everyone's opinions, everyone can find the author to discuss and learn with me!