Xie Hongyuan:5.8Analysis of the gold market in the morning market due to the arrival of non agricultural layout

already existing 553 Secondary Reading2020-5-8 06:45

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Xie Hongyuan's operational principles have always been based on pressure and support, with high altitude and low altitude, and the limit of shock as defense, without greed or love; Pay attention to the direction and select key points. If the key is not broken or missed, it is oscillation, without speculation or hesitation. Assuming stability! Reminder everyone, as long as all orders are covered and the direction is reversed, do not blindly resist orders. Confronting the market and blindly resisting orders will only result in greater losses and cannot be recovered. Always remember your original intention in investing: small losses and big profits, steady profits!
Gold Message:
5month7First quarter actual data released by the United States on WednesdayGDPRecorded initial value of annualized quarterly rate-4.8%, for2008The lowest level since the fourth quarter of this year marks the beginning of an economic recession. Thursday, from the United States to4month25Record of initial claims for unemployment benefits for the current week383.9Ten thousand people, according to the data, there are currently3000Ten thousand Americans are unemployed. Meanwhile, the United States3Monthly CorePCEPrice index annual rate recorded1.7%, U.S.A3The monthly rate of personal expenses recorded the largest decline on record. As the negative impact of the epidemic becomes increasingly evident, central banks and governments around the world have increased their loose stimulus measures. Let's first review the two interest rate decisions of this week. Thursday morning2:00Federal ReserveFOMCPublish interest rate resolutions and policy statements. The Federal Reserve maintains its benchmark interest rate at0%-0.25%Unchanged, in line with expectations; Maintain excess reserve interest rates at0.1%unchanged. The Federal Reserve has stated that it will keep interest rates low until it is confident that the economy can return to normal, while also suggesting that it may continue to strengthen cooperation with fiscal policy. Hongyuan believes that this will further support the US dollar index's rise and pressure on gold.
Gold technology:
4Hourly wide oscillation; At the four hour level, the trajectory of the Bollinger Belt is flat,MACDDead cross and index below0Axis,KDJDead cross with exponent at30Nearby; This indicates that the gold price is short term and expected to fluctuate and lower. Gold prices are currently hovering1690Nearby, preliminary support is looking towards1677Near the front line, this is supported by the lower track of the Bollinger belt. Once lost, material testing1670Frontline, if this point is missed, it will further trigger bearish sentiment in the market and is expected to be retested4month21Daily low point1659.55Nearby, this is affected by200Moving average support. On the upward side, focus first on the Bollinger Belt medium rail1696Nearby, if broken up, look towards1705Frontline, this is affected by55Mean Square and100Moving average suppression. Once broken, profits will reach a high level on Monday1714.67This is also suppressed by the Bollinger belt on the track.
Gold rebounded all the way at the beginning of trading, with the highest rebound1722Nearby, closing1716Nearby, Gold Radical1695Look more1710-1722Dislocation1730Okay, steady1683see1700Nearby, break through1722You can, or1722Empty Look1716-1705Okay, steady1730Empty Look1722-1710That's fine. For specific orders, it is recommended to follow the real-time location
Overall, pullback and long trading are the main focus, but attention should be paid to the top1720Resistance, attention from below1600Nearby, friends who are willing to communicate can follow Xie Hongyuan
Suggestions for Gold Operations:
1Suggest using1725-1730Consider short selling and stop loss nearby4US dollars, look at the target1715-1690Near USD;
2Suggest using1685-1690Consider going long and stopping losses nearby4US dollars, look at the target1700-1725Near USD
Hongyuan's message: Midline investors ignore short-term fluctuations and pursue ultimate profits. Short term investors can follow the rules of technology to discover trading signals. Regardless of which trading strategy you adopt, executing according to your own style and clear goals can achieve twice the result with half the effort. Since you are fortunate enough to understand the charm of investment, don't give up easily, even if it's just trying at the minimum cost. The person who gains returns often perseveres until the end. Take a bite to gain wisdom, find a suitable teacher, slowly learn, make strategies and ideas a habit, and make this tacit understanding a part of trading.

writing/Xie Hongyuan(VX:xhy130910Good job: Xie Hongyuan), wandering between the Yin and Yang lines, planning to sell slag up and down! Daily simple and clear morning reviews, afternoon reviews, and evening reviews are available online throughout the day to dissect financial market trends, gain insight into the fundamental trends of the market, and safeguard your funds! I am Xie Hongyuan, your mentor and friend on the road of gold investment.

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