Wen Yuewan: The international gold pullback is a long opportunity, don't take the decline as a bear! How to invest in gold and silver?

already existing 508 Secondary Reading2020-10-23 22:07

[color=#ff0000][b][font=Regular script]Wen Yue[/font][/b][/color][color=#ff0000][b][font=Regular script]Wan[/font][/b][/color][color=#ff0000][b][font=Regular script]International gold pullback is a long opportunity, don't take the decline as a bear! How to invest in gold and silver?[/font][/b][/color]


[font=Regular script]Gold Breakthrough Ahead of Friday's US Market1910The US dollar barrier. Yesterday's US presidential election debate did not significantly change the situation, and the uncertainty surrounding US politics remains unchanged. Although the possibility of US fiscal stimulus before the election is low, the market has always held optimistic expectations for the stimulus plan, which supports the price of gold; Meanwhile, concerns about a global economic slowdown and a surge in regional debt are also factors that support gold prices in the medium term. However, due to the continued severity of the global pandemic, especially concerns about the pandemic in Europe and America, it has also stimulated some safe haven demand for the US dollar, limiting the rise in gold prices. The overall gold price is still in a range of contraction and volatility.[/font]
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[/font][color=#ff0000][b][font=Regular script]Analysis of the trend of gold and silver in the US market:[/font][/b][/color]

[font=Regular script]Gold fluctuated and rose in the Asian and European markets, breaking through1908At the high point of the tail end, the highest point reached so far1912Nearby, it was emphasized in the early trading strategy that there was a breakthrough1910Afterwards, we cannot short and continue to watch for fluctuations and rebounds. The current market situation is in line with our analysis.[/font]

[font=Regular script]Gold is still consolidating its market with a wide range of fluctuations, and the daily trend alternates between yin and yang. Therefore, we can continue to treat it with volatility. The bottom to top conversion support is located below1904/06Position, this is the support level for the US market, and the watershed is at the morning rise point1904Location. Short line above is suppressed on1918Here is0.618Splitting line suppression, strong pressure on1925Yesterday's top and bottom transition position. In simple terms, tonight the US market will give gold to you1908/10Take a long look at your goals1917-1925Location. Above to1923-1925You can consider trying to short the position and continue to watch the daily alternation![/font]
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[font=Regular script]In terms of silver, with the same mindset, the starting point of the European market's rise is24.47Position, top and bottom conversion support at24.64Nearby. Today, the Meipan was delivered24.64Buy nearby, break24.47Departure, target view24.95-25.1-25.3Location. Above to25.4-25.5Short selling![/font]


[font=Regular script]What is the loss? Loss is only the price that must be paid for trading profits, it is the normal cost of seeking profit opportunities, and any profit must pay a price! This is true in any industry! Loss is a normal phenomenon! Losing money does not mean you are wrong, it only means that your profit cost has increased. Investors who mistake losses will lose confidence in trading because losses often occur, and the loss of confidence is the fundamental reason for poor trading attitudes. I never believe that losing money is a wrong trading behavior, and I never demand accurate market predictions. I just keep using stop loss orders to find trading opportunities. I know that I will always keep stopping loss orders until I find effective profit opportunities.[/font]


[font=Regular script]People who are unwilling to accept losses are inevitably those who demand that they be able to accurately predict the market. They are always afraid of making mistakes! Fear of making mistakes will inevitably lead to a bad attitude! Wrong is not scary, what's scary is not sticking to what's right! Accurately predicting the market is simply impossible, as it can lead investors into confusion between their desires and reality, making it difficult to balance their attitudes. Right and wrong cannot be judged by profit and loss, but should be judged by the quality of profit and loss. When the market goes against the trend and the order stops losing, it doesn't mean you're doing something wrong, but rather that you're doing it right. You should tell yourself:"Oh, I should pay the cost again"Instead of blaming oneself:"How could I be wrong again?"; But if you get the market right but only make a small profit, it may seem like you have made a profit on the surface, but you are truly wrong! Only by treating losses as the cost of seeking profit opportunities can you not fear losses and accept them calmly. Only by calmly accepting losses can your trading attitude not be unstable due to the uncertainty of the gold trading market.[/font][color=#444444]
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[color=#444444][font=Regular script]Wen Yuewan Official Onlyqq:1301927446; WeChat:wyws36[/font][/color]
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[font=Regular script]writing/Wen Yuewan[/font]

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