Glorious Gold:5.30 Italy's political turmoil and the gold analysis and solution of the China US trade war

Glorious Gold:5.30 Political turmoil in Italy coupled with the US China trade wargoldAnalysis and Explanation


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Message analysis:
The President of the United States always leaves you unable to imagine what he will do next, and he is always so unexpected, as we often say, changing his face is faster than flipping through a book. However, after all, besides being a president, he is also an ordinary businessman. Yesterday, the China US trade crisis resumed, and the White House suddenly announced that it would take measures against our country500Billion dollar commodity collection25%Tariffs, planned6month30The relevant measures have been officially announced recently, and the final list of imported goods will be released6month15Announced recently. Negotiation, although not smooth sailing, does not mean repeated turmoil. It requires sincerity to communicate pragmatically. A businessman like President Trump, who lacks sincerity, is believed to soon provoke public anger. Unfortunately, those who work under him have to constantly hand him papers to mop the floor. However, with the previous preheating, the market is more concerned about the results. Will the US provide another explanation in the next two days. In addition, Brilliance reminds everyone to pay attention to the eveningADPInterest rates in Canada, political turmoil in Italy and Spain.
Yesterday, there were numerous market news reports, and the political turmoil in Europe caused a tug of war between long and short positions in gold. On the one hand, Italy may hold an early election, which will boost safe haven sentiment and benefit gold; On the other hand, the political turmoil in Europe is suppressing the euro, which is positive for the US index and negative for gold; Gold long short tug of war under dual effects; in addition5month29Recently, the White House suddenly announced that it will take action against China500Billion dollar commodity collection25%China has also responded strongly to tariffs. With the resumption of the US China trade war and the unfolding of political turmoil in Italy and Spain, the market's risk aversion has intensified. It is expected that the recent market trend will still be dominated by geopolitical risk factors, and gold will receive some support.

Gold trend analysis:
Based on the current market situation, there hasn't been much change in the trend of both gold and the US dollar index. The US dollar index is still trending upwards along the waterfall, and the gold daily chart is still hindered by the middle track of the Bollinger Bands. We can't just puncture this position because of the previous surge. We need to be bullish, and now we are crazily chasing long, which is not appropriate. after all4At the hourly level, the gold price is still running in a downward channel, and the pressure on the downward trend line is1310dollar/1308The front line of the US dollar is also a defensive point for bears, so the gold price must stand firm1308Above the US dollar, the upward space can only be opened up in the future. Amid the crazy rise of the US dollar, gold wants to stand firm1308It's not easy to hit the front line of the US dollar, after all, it's already in a downward trend at the four hour level. Although the three tracks of the Bollinger Bands still face upwards, the pace of the upper track is faster than that of the middle and lower tracksKThe line runs between the middle and upper tracks of the Bollinger Bands, and there is still a distance from the middle track. Following the footsteps of the previous bearish line, the market is likely to move towards the middle track of the Bollinger Bands in the future. However, whether this line can fall below the middle track of the Bollinger Bands needs to be discussed separately, with a focus on the four hour middle track of the Bollinger Bands1297Nearby location, currently breaking through again at the beginning of the week1300But in the1296-97Wandering nearby and unable to continue, overall, the glory is in dangerdzj631Suggest viewing it as a shock first. Short term attention from above1303-1305One line of resistance, pay attention below1295-1293Frontline support.

Regarding the solution:
Currently, the majority of orders placed in the market are long orders pursued at high levels and short orders pursued at low levels in the previous period; According to the current situation, there are basically no more sets of orders for multiple orders; The more serious problem is short positions, with gold falling to its lowest point earlier1282Nearby, so most of those who chase after the sky are1290The blank order below; The current market situation is1300Nearby, there are more than ten points of empty and deep sets; For friends who have not yet seized the opportunity with empty orders, glory can only be said that you are too greedy. Gold price drops to its lowest overnight level1292So friends who are trapped in empty tickets should find a way to solve it; Always expecting the market to fall a little further, a little further; But you found that the market did not go as you expected, and short positions missed the best opportunity to unwind. At present, Brilliance believes that the short-term trend of gold is volatile, and the competition for the Qiansan Pass has just begun; To find a clear direction, one also needs the stimulation of information; And in the short term, let's first look at the volatility, not the analysis based on the brilliance, let's first look at it1295-1305The interval; So those with small losses from short positions can support their exit; Those with significant losses should hold on and wait for future market trends. Due to the fact that Brilliance does not know your specific hedging position and position risk situation, and often the market trend changes rapidly, operating against those generic hedging strategies may miss the best exit opportunity in an instant.

Regarding non-agricultural layout strategy:
Before the release of non farm payroll data. Before the release of non farm payroll data in the United States, the general market volatility is relatively low, and light positions can be chosen for trading. You can observe this by5Perform specific operations based on the minute line. If you are relatively short, go long; if you are relatively long, go short;In addition, the reaction of market fundamentals is also crucial. Taking the current actual situation as an example, at a time when political risks in the United States are heating up and there are significant differences in market expectations for future Fed interest rate hikes, and the economic data released this week is mixed, it has a certain supporting effect on gold prices as a whole. Before the data is released. The gold price is expected to maintain a cautious and volatile trend at a high level. For those who are cautious, it is recommended to wait and see before the data is released. For those who want to operate, they can operate in small areas and choose an opportunity to exit before the data is released;
After the release of non farm payroll data. After the release of non farm payroll data in the United States, the market has already shown direction. Pursuing long or short positions requires a decisive decision to be made in an instant. The trend of gold is to short if it is short, and long if it is long. It is necessary to timely comply with the general direction of gold and silver trends;Of course, you can also give up immediate operations and choose to wait and see, or even wait for a period of time until the impact of non farm data on the market is over before waiting for an opportunity to operate, so as to minimize your investment risk as much as possible. If you find it troublesome, you can also directly enter the lock up receipt, as this operation is more secure for small capital investors. For specific operation layouts, those who do not understand can pay attention to Brilliance.

Message:
Everyone should always pay attention to the dynamics, market trends, and their own position situation in the spot market. A journey of a thousand miles begins with a single step. As long as you handle each link well, you will have fewer regrets and more confidence.
??What does Huihuang want to emphasize? Temporary losses are not scary, but we should analyze the reasons, learn from them, and use them as a reference to avoid repeating the same mistakes! If you are still losing money, please find the reason. If you are not only copying orders every day, but also losing money, why not talk to me? I believe success can start from our acquaintance! Investment carries risks, operations need to be cautious! The market is constantly changing, and there is a lag in the article. The above suggestions are for reference only. Trading needs to take profits and stop losses, and real-time strategies should be followed.
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