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Preface:
There is a saying that goes, nine gold and ten silver. September gives the feeling of being the season of harvest. The same goes for investing, opportunities are not without them, but rather how to seize them. The ability to seize opportunities is a fundamental skill that every investor needs to practice repeatedly. And opportunities always favor those who are always ready. There are always opportunities in the trading market, and opportunities seem to be everywhere, big or small, true or false. But for us traders themselves, seizing opportunities that we can understand and have the ability to seize are the most practical and important. So now, the opportunity for the spot market has arrived!
Market Review:
Since last weekgoldBottom 1160The rapid rise in the short term indicates that the main players in the market have secretly entered the market to support the bottom. In addition, the high level of the US dollar has fallen significantly this week, giving gold a short-term opportunity to push interest rates. It has steadily risen for four days and is expected to return today1200Running near the point, this kind of rebound market after continuous sharp decline and oversold, if operated properly, the profit is still considerable. However, once the direction of the point is reversed, it will also be deeply trapped or suffer serious losses. Which one do you belong to? If you hesitate when the market is good,Missed the best entry point. When the market is not good, you can make small profits and make big losses in the middle of the gap. The severe short-term shrinkage of funds proves that you have not grasped the trend well and are not accurate in positioning. If this is the case, you should stop operating, summarize the reasons or talk to Yixun, in order to seize the volatility after the sharp decline and adjust the market situation to make up for past losses.
Every screenshot of Yixun not only proves its strength, but also expresses my grasp of the market and trends. What I have always wanted to convey to everyone is the idea that doing single trades is a trend, where one cannot grasp the overall direction without chasing low positions, short positions, and long positions, in order to make profits and exit in a timely manner. Yixun has always believed that market analysis is the responsibility of analysts. Everyone only needs to check the news notification to enter and leave. Don't be constantly worried and lose money everywhere. I believe everyone understands the reason, but you still prefer to settle for the status quo. You think you can make a profit with a small loss, while you think others are just fools. You keep making choices, and the funds become less and less, until you lose your choice and leave in the end.
Gold trend analysis:
From the four hour chart, gold prices are at ease1159.9Since hitting the bottom and rebounding, the rebound has been significant, and gold prices have successfully stood up60Above the double moving average, the moving average system turns as a whole, with a golden cross running upwards, which is a clear bullish arrangement,KThe high points on the line graph continue to rise, while the low points move up. The attached indicators also show a bullish trend, undoubtedly indicating that the current short-term bullish trend of gold is obvious, and gold prices will continue to rise.
Overall, there is a clear bullish trend in short-term gold, and we will maintain a long position on dips during the day. We will continue to see a volatile upward trend during the day, with yesterday's low being the main trend1187As a turning point, if there is a significant drop below this level during the day, then temporarily abandon the low position.
Suggested gold trading positions:
​ ​1Above1198Empty order entry, stop loss4USD, target1190-1186;
​2Below1190Xiaoduo enters, stop loss4USD, target1198。
Yi Xun's message:
I believe that in this unpredictable long short market, there are still people who can make money, and there are also many friends who are not ideal enough. When it is time to short, they are afraid of rising, and when it is time to long, they are afraid of falling. In fact, this is human heart, this is technology, and human heart is the greatest technology. Sometimes you will know that what really affects you is not the price, but the excessive imagination in your heart. Wu Yixun is willing to be your guide. The trend is in your heart, and the operation is guiding. When the market arrives, if you cannot grasp or are not sure, lock orders, or incur losses, you can always ask Yixun for directions in the confused investment market.
I am Wu Yixun, an analyst who solves problems for investors.
Wen/Wu Yixun
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