Xu Bohong:10.22Will gold continue to rise when it encounters resistance and falls? What do you think of gold being available today?

Regret is the biggest obstacle on a trader's path forward. If you constantly criticize yourself for not making enough money or losing too much money, it will make you deviate from the right direction and it is impossible to avoid making the same mistake in the next trading. Mature traders strictly formulate and adhere to their trading plans, constantly summarize and summarize their trades, absorb the good things they do every time, abandon the habit of doing bad things every time, continuously improve their trading skills, hone their mentality, and achieve a level of not being surprised by honor or disgrace. Only in this way can they not be affected by the wrong trading from the previous one and not be affected by the judgment of the next trading, Let's become a truly mature and rational trader. Next, Bohong will briefly analyze the future market trends for everyone, hoping to help you in confusion!
　　
Gold Message:10month21Daily USD Index Refresh9month2Since the low point of the day92.46The White House hinted at a stimulus agreement within two days, prompting some traders to expand their bets on riskier currencies; The pound surged against the US dollar200Point3The largest increase since the beginning of the month. Spot Gold Creation10month12New high in recent days1931.38dollar/Ounces, the weakening of the US dollar has driven gold prices higher, but the higher US bond yields have limited gold price gains. Gold futures hit their highest closing price in over a month on Wednesday. The weakening of the US dollar has driven up gold prices, but the rise in US bond yields has limited gold price growth. The reason for the rise in gold prices is due to the uncertainty in the prospects of the US fiscal stimulus plan, which has led to a weak US dollar. Therefore, gold has become a safe haven investment target in the short term. At present, gold prices are more affected by the strength of the US dollar and less affected by the yield of US bonds.
　　
Analysis of spot gold and London gold market:
　　
From a technical perspective of gold, spot gold hit the bottom and rebounded on the premise of favorable fundamentals for gold on Tuesday. On Wednesday, gold continued to rise and break through resistance levels after continuing its upward momentum on Tuesday. The US dollar continued to fall, thus opening up some upward space. The rebound and rise test of gold prices this time aboveMA60Line of moving average resistance1935Gold callback to1921Nearby, Xu Bohong believes that we need to focus on turning points in the short term1910Frontline support, running on1910Looking upward and resistance levels in sequence1926/1932.If running on1910Downward bearish, pay attention to support levels1904Region, focus on yesterday's low point1894Near the area. Overall, Xu Bohong suggests that the short-term operation strategy for gold today should focus on a pullback and a long position, supplemented by a rebound in high altitude, with a focus on short-term operations above1932Frontline resistance, short-term focus below1907-1904Frontline support. Friends who want to learn more gold investment techniques can add WeChat:xbh768Every morning7From midnight to early morning2Click on real-time online guidance.
　　
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The above article is exclusively compiled by financial analyst Xu Bohong, providing more experience in investing in gold and crude oil, trading strategies, detailed information and technical explanations, reminders for position building and closing positions. Teacher Xu Bohong provides online guidance!