[b]"Investment is people's expectation of the future of assets",This is Dongsheng Finance[/b]
[b]The gold market has been waiting for news of a break, and we all know that the sudden release of positive news about the stimulus plan last night caused gold to move forward1918The high point of the market has continued to rise since the opening yesterday, and the impact of market news on the US market has been significant1918Pressure drop[/b]
[b] [/b]
[backcolor=#8db3e2][b]International gold closing quotation yesterday1903.8dollar/Ounces, increase0.28%[/b][/backcolor]
[backcolor=#8db3e2][b]Closing quotation of the US dollar index93.42, decline0.32%[/b][/backcolor]
[b] [/b][hr]
[b]Although the United States has repeatedly released news about the stimulus plan, it is clear that at this critical moment, such news is more like a smoke grenade. Both sides are using outside moves to meet each other. No one is willing to bow down to the negotiations in the row. If they could bow their heads, they would have passed long ago, and would not be delayed to the present[/b]
[b] [/b]
[b]While maintaining a sideways trend, let's take a look at the current fundamental news. There is no news that can have an immediate impact on the current market. The current focus is on the election, and both the Centers for Disease Control and Prevention and the Food and Drug Administration have exposed it,[/b][b]It is suspected of political intervention, so the US government regulators will investigate the Trump government's intervention in public health institutions[/b]
[b] [/b]
[b]The President himself is political correctness. If you want to check, it is natural that after the general election, for the current election, I personally think Trump will be re elected. The current market has already digested the benefits of early quantitative easing, and if the market is to maintain its current status, it naturally requires the Federal Reserve to provide support[/b]
[b] [/b]
[b]So the Federal Reserve has also released news that it is expected to provide more guidance on asset purchases. As long as liquidity is injected into the market, the market will naturally maintain vitality[/b]
[b] [/b][hr]
[backcolor=#8db3e2][b]International Gold Four Hour Trend, Bollinger Belt Parameters20day[/b][/backcolor]
[attachment=106423]
[b]The current pattern of gold will not undergo significant changes before the election, but rather a shift to a fluctuating range. However, yesterday evening1918The rapid decline after the election, overall, has been a wash. Gold has emerged from the market, but has not yet moved out of the range. During the period before the election, the trend has been fluctuating, and it is inevitable that there will be a long short tug of war[/b]
[b] [/b]
[b]Within the day, as long as the technical aspect is concerned, it still depends on the performance of the four hour cycle. After the high gold testkLine closing negative, obvious false breakthrough,kThe trend of the line quickly weakens and reaches a low point60Below the daily moving average, it has now broken through1900At the checkpoint, the Bollinger belt is being taken out1893to1912The fluctuation range is for adjustment, and in the future, we will focus on the opening of the Bollinger Belt in the afternoon to choose entry opportunities. During the Asian and European trading period, we will not chase short positions and will mainly focus on low multiples[/b]
[b] [/b]
[backcolor=#8db3e2][b]gold1898Jinduo, target1910Stop loss1892[/b][/backcolor]
[b]Author: Dongsheng Finance and Economics[/b]
[b]Writing time:2020/10/20[/b]
[b]The above views are for reference only and do not serve as a basis for firm trading. The article is written by Dongsheng Finance and Economics. If reprinting is required, it must be approved by the author or indicate the source. Reproduction of my article without my consent will result in legal liability being pursued in accordance with the law[/b]
