Chen Yilin: Gold poured downVReverse, bearish trend? Next week's international gold trend analysis!

　　Chen Yilin:goldpourVReverse, bearish trend? Next week's international gold trend analysis!


　　交易，可以有止损，但必须明明白白；出现亏损可以承担，但必须因此吸取教训。现在每一次摔倒都是为了以后能华丽地站起来，让挫折成为我们前进的垫脚石。

　　Market aspect:In the last trading week, the performance of international spot gold rose first and then fell. Driven by economic concerns caused by COVID-19, it once rose to7Half year high, approaching1750The US dollar threshold. Gold remained relatively calm on Wednesday and Thursday. However, the good times are not long. After US President Trump announced the three-stage economic restart plan and the news about remdesivir's efficacy came, the bears quickly launched a fierce attack. Gold on Friday(4month17day)Faced with strong bearish pressure, it eventually fell to1700Below the US dollar level, close at1683USD, down0.28%。


　　Market Focus:The key to the current market situation is that this wave of market is1747The key is whether the first line of decline is a correction or a trend reversal, whether the trend reversal continues to decline or a bottoming out rebound after the correction, and whether it continues to rise. That is to say, will the trend be bullish or bearish in the future?


　　① From a large cycle perspective, this market trend is2018year8The lowest point of the month1160Up to now1747The magnitude of the increase has been significant, especially in the past two months, where the strength of the increase has been quite strong. Of course, this is mainly due to news driven factors, namely global quantitative easing. So it has risen so much, will it continue to rise? It will break2011The high point of the year1920Is that okay? At present, I don't think so. At least in the short term, I think1747It will be a vertex.Follow the "Chenyilin" and you will have the opportunity to receive real-time operation suggestions and a central line layout plan!


　　②之前行情上涨到1703After a significant correction, I predict that it will reach a new high again, and this time1747If there is a callback, I am optimistic about a larger cycle callback. At least for now, I don't think the market will break through again1747Innovation high. Of course, it remains to be seen whether there will be significant positive stimuli in the later stages. At least this wave of gold appreciation caused by the epidemic has come to an end for now, but it is hard to say whether there will be conflicts between the United States and Iran in the later stage that will stimulate safe haven. But in the short term, I am optimistic about the trend turning downwards and rebounding.

　　Next week's focus on gold:


　　①下周初将不会有重要的宏观经济数据发布，围绕着冠状病毒危机的头条新闻可能会通过风险感知影响黄金的估值。中国央行定于周一亚洲市场交易时段宣布其政策利率，但辰逸凛预计市场反应可能较为温和。


　　②美国IHS Markit 4Month Manufacturing and Service IndustryPMIThe initial value will be used to search for new clues about the damage caused by the coronavirus outbreak to economic activity. Meanwhile, next Friday's durable goods orders in the United States and the University of Michigan Consumer Confidence Index will also be closely monitored by market participants. In addition, investors will pay attention to the first quarter financial report data of large American companies and the reaction of Wall Street.


　　Technically:4.19Analysis of the technical structure trend of international gold next week!


　　1From the weekly level trend:


　　黄金周线级别经过5The wave is rising, and the current trend is a wide range oscillation. I have emphasized many times before that although the rise in the market has disrupted our rhythm, looking back now, the surge only expands the range of oscillation and does not change the fact of adjustment! At the same time, the weekly chart closed at the top cross and returned to the oscillation range, indicating that the adjustment will continue. The target band for the adjustment below is1450Region! As mentioned earlier, the adjustment of the Golden Week level should at least be maintained3For more than a month, and currently only experiencing a decline and rebound in structure, there will eventually be a corresponding decline to complete the weekly level adjustment!

　　2From the daily trend level:


　　日线结构上，黄金当前调整开启，并且加速下跌走势，虽然暂时受到支撑，但是上一交易日冲高1700After being suppressed, it continued to fall back. Chen Yilin's analysis predicts that the trend of accelerated decline will continue. It is still bearish, and the rebound next week can be directly bearish. Please pay attention to the specific entry point1The suppression of the hourly Bollinger Bands, even if it breaks through the middle band, can still remain empty at the upper band position!Follow the "Chenyilin" and you will have the opportunity to receive real-time operation suggestions and a central line layout plan!

　　Overall:The basic idea for next week's market is to continue looking at the pullback and wait for it to arrive1650Consider going long and watching for a rebound nearby. Looking at gold in the short term1747Seeing the peak and falling back, we will follow up on the driving factors of the news in the later stage and conduct specific analysis!


　　(Note: The above views only represent Chen Yilin's personal opinions and are not used as trading basis. Based on this, the profit or loss shall be borne by oneself. Obtain a real-time price list to guide the operation, single line contact! Investment is risky, and caution should be exercised when entering the market!)


　　At the end of the article:It is particularly important to choose a teacher who accompanies you all the way on the investment path. Although Chen Yilin may not give you too much warmth, there is a word called 'do my best'. There is no overnight wealth or 100% money making secret here at Chenyilin, but there is a stable trading system and a sincere heart,Believe me, come to me and say too many unrealistic things. I think it would be very hypocritical, not seeking overnight wealth! Just strive for small streams and long flows.Follow the "Chenyilin" and you will have the opportunity to receive real-time operation suggestions and a central line layout plan!

　　The Chen Yilin analysis team is committed to guiding investors to make the right investment decisions!


　　Source: Chen Yilin (pay attention to the official account "Chen Yilin" to get a copy of daily trading strategy)/Line/hand over/flow/officer/Wei/zzz951083


　　本文由黄金分析师辰逸凛独家撰稿，每日交易计划，全天交易策略朋友圈公开直！更多交易技巧，投资知识添加辰逸凛获取了解！


Author's suggestion: When making investments, it is inevitable that some places require luck, but in the long run, good luck and bad luck will offset each other. To continue to succeed, one must rely on skills and the use of good trading principles and plans!