Chen Yihan6.21Gold surged in the morning, how to operate in the later stage?

The market situation is uneven in size, with two or three strategies circulating online, competing for long and short positions, whether it's up or down. Dear friends, please listen carefully! How many investment legends have been created by the storms and mountains of the gold market, and how many years have passed. Let's see if it's fluctuating, with fluctuations in the market, but it turns out to be a request for unemployment benefits for the first time! That night's data, those who were solely focused on the market and only wanted to make money, and those friends who were losing money, were inseparable. Who wouldn't have thought that this wave would recoup their investment as soon as possible!




goldLatest market analysis:
In the short term, the market is still digesting the dovish tone of the Federal Reserve, which inevitably limits the downside space of gold today. Therefore, it can be basically confirmed that the daily trend will form a triple bullish trend. From the daily chart, it can be seen that the current effective operation of gold prices is above the short-term moving average and the upper Bollinger Bands, with the Bollinger Bands moving upwards as a whole, while the short-term moving average is above1354and1344Forming a golden cross upward trend, other cyclical indicators also showed a bullish arrangement, and in additionstoThe double line extends towards the overbought area in a golden cross shape,RSIThe indicators have shown clear upward momentum, so overall, the daily chart is still controlled by bulls.
Gold from4In terms of hours, the gold price rose directly this morning and touched1411After reaching a high level, it fell back and eventually recorded a large bullish candlestick with a long upper shadow. Driven by this, the current price effectively operated above the short-term moving average and the upper Bollinger Bands, with the Bollinger Bands opening sharply as a whole, while the short-term moving average remained above1371and1357Presenting a golden cross upward trend, coupled with other cycles maintaining a bullish position, there should be a bullish trend continuing to develop. However, it is worth noting that there was a long upper shadow pattern in the morning session, which is likely to indicate that today's high point has already appeared. In addition,stoAt present, the dual track has not shown any significant upward momentum, but rather80There are signs of a dead fork forming below the axis, and in additionRSIThe indicators have turned downwards and there is an intention to increase volume downwards, so,4The overall upward momentum of the hourly level may not be too strong, and Chen Yihan personally suggests that in the short term, it is necessary to prevent the market from experiencing a surge or fall. Overall, Chen Yihan's personal suggestion for today's gold trading strategy is to adopt a range of high selling and low selling, with a focus on the above1390-1393Frontline resistance, short-term focus below1375-1377Frontline support. Real time market changes, follow the author Chen Yihan for daily market analysis, analysis strategies, and guidance on medium and long-term layout. Welcome like-minded people to come and have a long discussion!



Suggestions for short-term gold operations:
Strategy 1: Gold rebounds to1410-1412Short on the front line, stop loss4US dollars, look at the target1398-1396frontline;
Strategy 2: Gold pullback to1400-1398Long on the front line, stop loss4US dollars, look at the target1410-1412frontline;
To make money, the following four points are essential:
Firstly, when choosing a platform, do not excessively pursue platforms with low transaction fees and margin. You should look for platforms with stable systems and secure funds. If the transaction fees are too low, it is easy to experience slippage, and even if you make money, you may not be able to transfer the funds. Low margin is directly related to the leverage ratio. The margin for high leverage is definitely lower, and everyone has their own preferences. Some prefer high leverage, while others prefer low leverage. Choose according to personal preferences.
Secondly, it is not recommended to invest too much capital at the beginning, as it is a risky market and no one can guarantee that everything will go smoothly. The most important thing is to prepare for the worst before investing. If you lose money, will it have any impact on your life and family? If so, please be cautious. If not, you can consider playing with it. Although gold is for making money, of course, you should also prepare for the worst. If you can accept the worst, what other situations can you not accept?
Thirdly, in terms of operation, do not overly rely on teachers. Teachers on any platform are not gods, and it is impossible to get every order right, let alone guarantee you much profit. Making money is one's own, losing money is only one's own concern. We still need to have our own operational ideas. The most important thing is, no matter what, never give your account to a salesperson or teacher to help you operate, otherwise the result will not be acceptable to you.
Fourthly, mentality. There is a saying in the investment market that goes, 'Money floats when you earn, heart beats when you play.'. When your funds start to increase, don't be overly complacent or even engage in heavy trading. I believe everyone understands the principle that if you make a mistake, you will lose everything. Don't worry when your funds shrink, stop operating. At this point, you need to reflect on your own operating methods. Is it because you wanted to make more profit from the orders you should have taken, but didn't take them, resulting in a loss in the end? Or is it because of the teacher's wrong call for orders, or is it because the gold market is not suitable for you at all? There are many investment products, and choosing the one that suits oneself is the most important.
Making money in the present is not easy, and it is important to cherish it. Risk control is far more important than returns. Keep the green mountains and don't be afraid of running out of control. The risk of losing control will devour everything. That's why the principle of making orders is important. Letting losses go is irresponsible to oneself. Opportunities do not always exist. When opportunities arise, if you make a decision without hesitation, it means that your patience has not been in vain. Letting opportunities arise in your patience shows that you are a person who knows how to seize opportunities, rather than letting them come to you. Good habits should always exist.
This article is planned and edited by the Chen Yihan analysis team, interpreting world economic news and analyzing global commodity investment trends!
Consulting Wei/Xin:opec336（24hOnline, never resting on weekends
Our aim: Only by seizing the opportunity first can we gain unbeatable benefits, and success can be achieved. We strictly limit losses and take profits.
Author's advice: All methods are empty, and causality is not empty. What kind of investment mentality determines your gains and losses on the investment path.