Chen Yihan: 6.21Gold opens a bull market, taking long on dips is the way to go

The voice of the market is complex, with many people shouting how much they want to rise at once, and immediately saying how much they want to fall after a deep decline. There are plenty of responders in every industry, and as an investor, you should at least have the ability to distinguish right from wrong. Don't be led by the nose, it's your own fault. Prices are constantly changing, only those who grasp the trend can be king. Friends who are not going well on the investment road, stop and find your own trading mode. What we need to do now is not to blindly trade, but to steadily grasp the market situation that can benefit us. The market situation is competitive every day and overnight. Recovering losses does not rely on temporary luck, but on long-term management. In the era of meager profits, trust me and you can make a deal in just a few words; If you don't trust me, writing a script for you is futile. You just need it, Yan Ting is just professional, that's all. The past has become history, a memory. No matter how difficult it was to look back on yesterday, no matter how much loss you suffered, it cannot become an obstacle to your success today. Pack up your mood and walk the path under your feet.

The sluggish economic growth prospects and the moderate policy shift of the Federal Reserve are the direct reasons for the sharp rise in gold prices. Whether the interest rate cut measures can be implemented as scheduled in next month's meeting is strong evidence to verify the dovish tone. The upcoming 20th summit will also have a significant impact on the market. If consensus cannot be reached, it will prompt the Federal Reserve to cut interest rates as soon as possible. Today, the market still needs to closely monitor the speeches of multiple officials from the Federal Reserve. The market will continue to seek further signals regarding monetary policy, which is expected to have an impact on the market.
goldThis morning, there was another sharp rise in the market, and yesterday morning the price broke through continuously1366and1375After two checkpoints, they opened in the morning with great enthusiasm and directly broke through1400At the checkpoint, the highest point has been reached1411Price range. Now the market is rising like a rainbow, and it has entered a frenzy. At present, it is uncertain when the upward trend will end. The most important thing now is not to follow the market crazy and to remain calm. The market is not short of opportunities, we cannot chase too much or go high. It is best to wait and see, and then look for opportunities after the market calms down.
With the increase of market volatility, there will be a sharp decline when there is a big rise, and the market will transition from a large to a small one. Gold continues to rise and break through key resistance levels, further opening up the bullish trend, with a four hour one-sided pattern1340The price has started to rise and has already reached over 70 US dollars. As of today's weekly close, there is no doubt that a strong bullish trend has been recorded this week, and there may be new highs after next week. However, the weekly trend deviates too far from the short-term moving average, which can easily lead to intraday movement and correction for an uptrend. Everyone can patiently wait for the price to rebound and confirm before continuing to follow the trend. If there is no adjustment and gold continues to rise, then continue to observe and wait.
6.21Gold operation strategy: Gold rises rapidly in the morning. There are signs of divergence at the top of each cycle, and there is a demand for correction in the short term. Early morning1404.3Continue holding near empty, stop loss1407.5Stop surplus1398-1393-1389Nearby. Continuing to go long in the current trend, there is still room above the bull market.
Reject hindsight, reject ambiguity, reject deception, reject word games! Everything is result oriented, no matter how well said, everything is in vain if not done correctly! No matter how good the analysis is, what does not grasp the profit have to do with us? Making mistakes is allowed in the investment market, but not admitting mistakes! Strength is the foundation of profitability, and stability is the fundamental basis of profitability. I will earn with you for those who believe in me, and I will show you for those who doubt me! Clear thinking, clear positioning, timely prompts, worry free follow-up and easy profitability!
writing/Chen Yihan, wander between the yin and yang lines, strategize the rise and fall of selling chips! Daily simple and clear morning, afternoon, and evening reviews analyze financial market trends online throughout the day, insight into the essence of market trends, and safeguard your funds! I am Chen Yihan, your mentor and friend on the path of gold investment.