Xinju Gold:10.29Analysis of the early trading trend of gold and operational strategies, this week's non agricultural experience for a week

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Analysis of International Gold Market Trends:
　　
In the past week, international gold has struggled to rise. Due to the poor performance of global stock markets, especially the US stock market, and with the help of risk aversion, it has withstood the pressure of a strong US dollar and once reached a three-month high of1243.44dollar/Ounces, closing1233.97dollar/Ounces, weekly record four consecutive positive; The technical side just hit the resistance near the middle track of the weekly Bolin Line, and analyst Xin Jujin personally believes that there are still great variables in the international gold trend this week. Last week's economic data in the United States was relatively optimistic, providing support for the US dollar and limiting the rise of international gold. However, in the third quarter of the United StatesGDPAfter the data, the US dollar index fell slightly after reaching a two month high, but the weekly chart still recorded0.79%The increase is the main reason for the limited increase in international gold this week. The sharp decline in global stock markets has significantly increased market risk aversion, with the panic index reaching a two-week high10month11The eight month high hit by the Japanese also wants to go not far, which has given rise to some safe haven demand for gold and provided some upward momentum for international gold. Last week, hardware prices even touched once again1243.44dollar/Ounces, for7month17A new high has been reached recently.
　　
From a daily perspective, during the daily cycle, the small bullion with a lead above last Friday ended, constantly testing high levels, and gold moved from10After the early month's pull-up and breakout, it has been showing a fluctuating upward trend, with5Daily moving average10Supported by the daily moving average, the Bollinger band is moving upwards, and the trend continues to be bullish. The target for this week is1250Nearby; Looking at it in four hours, gold surged in the US market last Friday night1243The US dollar fell rapidly under pressure and closed1233USD, taking back all gains. During the continuous rise of gold, there will definitely be a correction and adjustment, and only when the adjustment is in place can the next round of rise be initiated. The four hour chart shows gold rising and falling in China, with short-term long positions taking back. This Monday, the gold forecast is expected to continue to fluctuate downwards. Let's take a closer look below1230Supported by US dollars, under pressure1250dollar.
　　
Overall, last Friday's breakthrough in gold ultimately ended in failure, which is not a good phenomenon. One go, another go, three go, and consecutive4The second impact will inevitably consume the momentum of the bulls. As the saying goes, the decline of the bulls' strength will inevitably lead to a fierce counterattack by the bears. The best situation this week is to1230-1250Continuing to fluctuate within the range, bulls will regain their strength before seeking an upward attack. Short term focus1230-1224Please pay attention to the support situation from above1250The breakthrough situation can be achieved by operating in the upper range this week. The focus of this week is still on10Although the non agricultural data for the past two years is no longer expected, we still need to pay attention to the non agricultural data for the month. If gold is still in use before the data is released1228Above, so timely non agricultural data is bearish, and don't chase after the short. Find more points to go, and the defensive points below are1218-1220. Before the non agricultural period, gold was mainly bullish with a downward trend, arranged at the beginning of the week1230-1250Sell high and buy low. On today's operational strategy, Xin Jujin's personal suggestion is to focus on a pullback and buy long, supplemented by a rebound in high altitude, with a focus on the above1240-1243One line of resistance, pay attention below1228-1230Frontline support gathering gold teacher Wei Heartache jujin 1688。
　　
Gold10.29Operation suggestions:
　　
　　1Lower callback to1228-1230Long on the front line, stop loss4US dollars, look at the target1235-1237First line, break through and continue to hold;
　　
　　2Above not broken1240-1243Short on the front line, stop loss4US dollars, look at the target1235-1233frontline;
　　
Interpreting international economic news, tracking market trends, targeting global hotspots, analyzing unexpected events, and interpreting daily market trends, please stay tuned to Xinjujin. If there are any unsatisfactory operations, you can gather them through WeChat gold teacher Wei Heartache jujin 1688You can find me. Don't just seek profits, just seek stable profits, develop good plans, grasp trends, and achieve a long-term stable profit! Opportunities are always reserved for those who are prepared. I am Xin Jujin, an analyst who only studies technology and has been at the crossroads of turning losses into profits, waiting for you.
　　
This article is exclusively planned by the team of the author Teacher Li. Please indicate the source when reprinting. There is a review of online publishing, and the intraday market is volatile. The above analysis does not provide specific entry points, but is for reference only. Investment carries risks and caution is required when entering the market.
　　
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