Du Shuqi:8.24Is gold under pressure once again bottoming out? Operational analysis of the attached market

Du Shuqi:8.24goldBulls show weakness, and gold returns to decline at the end of the week


In contemporary society, the wealthy are only a minority.10%People make money,90%The market law is that people lose money, and it will not change in any industry. Everyone thinks about how to make money, but there are only a few people who make money. There is only so much money circulating in the market, where does money come from? It is inevitable that the rich will always be in the minority. If you want to become one of the few wealthy people, then you must change your current way of thinking and have the mindset of a wealthy person. What is the thinking of the rich? When the public's ideas tend to converge, it is necessary to go against the trend. To succeed, one must have the courage to take a longer-term view than the average person. "The rich think of the coming year, the poor think of the present." Go with goals and come back with results. Success is not because of speed, but because of methods.

Du Shuqi - Message Face


Friday Beijing Time8:00The most anticipated Jackson Hole Global Central Bank Conference's first day seminar this week is about to begin, and22:00Federal Reserve Chairman Powell will deliver a speech on "Monetary Policy in a Changing Economy.". The annual meeting is known as the "barometer" of policy turning points. From the perspective of exchanges, almost every meeting will have important central bank officials release clear signals, including hints of interest rate hikes or cutsQEEtc.


At present, the market is generally paying attention to Powell's speech, and Mitsubishi UFJ Financial Group expects Powell's speech on Friday to drive a significant reversal in the trend of the US dollar; Imperial Commercial Bank of Canada, on the other hand, expects Powell's speech to have a relatively small impact, but his stance may be hawkish, leading to a moderate rise in the US dollar. Dutch International Group believes that the market will pay attention to whether the policy signals released by the Federal Reserve have led to further deterioration of global risk appetite. Overall, Lu Yuan believes that Powell's speech tonight will still impact the currency market, and gold is likely to move on to the next city. Investors need to be cautious of the risks brought by his speech.?


Du Shuqi - Market Analysis


After the bearish market accelerated its decline last week, Thursday saw a bottoming rebound with a cross star, followed by a bullish pattern on Friday and a consecutive bullish pattern on Monday and Tuesday. Yesterday, the cross star stopped adjusting, so today's focus is on paying attention1190Can the position be held? The daily chart is adjusted to rise after setbacks and falls, and after rebounding to stop rising, the short-term pause and retracement confirm support, combined with the low point1160Ascend to1201At a high point, a wave of rebound also exceeded40The potential for the US dollar to rebound in the short term or through a second dip is also normal demand. However, a window that jumped short and opened high at the beginning of the week still needs to be filled. Today, the week closed, and the trend is to explore downward to fill in the window. After the window, it is still a volatile closing, which is the strength of the closing. If it closes at1190Above, there will still be further rebound next week. Conversely, in the short term, it will take some time to bottom out at a low level. Daily and weekly charts show that in the short term1160Upper plate bottom stage.

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After three consecutive bullish days on the golden daily chart, there was a surge on Wednesday1202The movement of falling nearby includes the small cross star line in the daily chart. Although the current trade risks have decreased due to another round of negotiations between China and the United States. But for this matter, everyone still needs to consider coherence. If this is the first negotiation since the trade confrontation, it can definitely significantly alleviate and reduce market risk sentiment. But this is not the first time, as a warning from the past. China and the United States have already initiated negotiations before, and afterwards, not only did they not have peace talks, but it also increased the situation between China and the United States. The market will not overly reduce risk sentiment just because they negotiate. So although the US dollar currently lacks further upward momentum, support from trade risk sentiment still exists. Therefore, the Earth continues to have a bearish outlook on this week's market, and caution should be exercised when placing long orders.


Gold has fallen to1185Nearby, detected on Thursday evening1183Nearby low point. Looking up from the sun, the Golden Rising Star and the Red Three Soldiers encountered the Shooting Star. On Thursday evening, the Golden Star closed the Great Yin Pillar, and the downward trend remained unchanged. From gold4From the hourly chart, it can be seen that the double gauge lateral movement indicates that the current trend is volatile. However, the downward trend did not provide effective support for the gold price. When the gold price touched the downward trend, there was indeed a wave5The rebound around the US dollar, but ultimately choosing to break through downwards, indicates that the market has more bearish power.


Du Shuqi - Operational Suggestions


1.gold1188-1192Nearby empty orders enter, take a look first1183Can the goal still be sustained? If we break through the goal, we'll still see1177-1179。


2.If it accidentally breaks down1187See you later1183Continue to go long nearby, stop loss1180On the target1190-1198region


The above analysis does not provide specific entry points and is for reference only. Real time recommendations in the real-time operation strategy disk. Investment carries risks and caution is required when entering the market.


Du Shuqi - Message

To be honest, the more novice one is, the less likely they are to make mistakes because they are timid. People usually take steady and cautious steps towards things they are not good at. Over time, there may be some psychological changes that are difficult for the parties involved to notice, but these psychological changes are crucial. What Lu Yuan wants to say is, how do we take the right path from the beginning? After all, if the direction is wrong, stopping is also a form of progress.