Dehao Dianjin:6.29Various heavyweight data gathered this week, about to ignite the gold market

Spot gold and silver opened high and closed high last week,Although both retreated on Wednesday, the remaining four trading days saw steady gains and the overall bullish trend remained unchanged. Among them, spot goodsgoldUp to1779.15dollar/Ounces, refreshing again8Annual high.

Focus on Key Economic Data: Large and Small Non agricultural Heavyweight Appearing
The most watched this week is undoubtedly the United States, which will be released on Wednesday and Thursday respectively6monthADPEmployment figures and non farm employment data. Currently, it is expected that the US job market will continue to improve, among which,ADPThe market expectation for employment is growth300Ten thousand people,A decrease far above the previous value276Ten thousand people; United States6The expected increase in monthly non farm employment and unemployment rates is respectively307.4Ten thousand (previous value was250.910000) and12.3%(The previous value was13.3%）。
Follow the dynamics of the Federal Reserve: Powell leads multiple officials to make public appearances
Similar to last week, there are still many new developments from the Federal Reserve that investors should pay attention to this week.
On the one hand,A large group of officials led by Federal Reserve Chairman Powell will deliver public speeches one after another.The specific schedule is as follows:
Tuesday: New York Fed Chairman Williams made two appearances, apart fromIMFPresident Georgieva hosts a seminar organized by the Economic Club and also delivers a speech at the International Financial Association video seminar; Federal Reserve Governor Brainard will deliver a speech at a conference jointly organized by the Brookings Institution and the University of Michigan.
Wednesday:The main play is staged,Powell will meet with US Treasury Secretary NuchinTestimony before the House Financial Services Committee; In addition,Minneapolis Fed Chairman KashkariI will also give speeches.
In the speeches of these officials, investors can understand the Federal Reserve's next monetary policy path. Analysts expect that officials such as Powell will not change their pessimistic expectations and dove stance on the US economy.
On the other hand, the Federal Reserve will also announce on Thursday this week6Minutes of the monthly monetary policy meeting.
In this meeting summary, we need to focus on the views of Federal Reserve officials on the balance sheet and their interpretations of various policies. Although the balance sheet size has been declining for two consecutive weeks, Morgan Stanley pointed out that the Federal Reserve has3Over half a month of expansion3Trillion US dollars, with a balance sheet size of7.10Trillion US dollars, and it is unlikely to abandon its ultra loose stance in the short term. Therefore, it is expected that2021At the end of each year, its balance sheet size may exceed10Trillion US dollars.
Dehao Dianjin:6.29Gold Market Analysis and Trading Reference
From a technical perspective and a daily perspective, gold hit a new low on Wednesday1779After reaching a new high, it fell sharply. The daily line closed with a longer shadow line, followed by a small positive line on Thursday and a sharp drop on Friday1747After the first line, the strong rebound recovered all the losses and at one point rebounded to1770Above the level, the daily line has closed with a longer shadow line, and the daily bulls are still relatively strong. Looking at the resistance above1780Wait a moment, if there is a break, continue to look up1800Nearby. The three tracks of the Daily Line Bolin Belt continue to maintain an upward extension of the opening, and5The daily moving average follows the upward trend of gold prices, providing support for gold prices. As shown in the attached indicators,KDJDivergent upward turning head from high position,MACDThe fast and slow lines diverge upwards, with the red kinetic energy column increasing in volume. The daily line is still dominated by bulls.



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Looking at the short-term hourly chart, the price is lower5Moving average,KDJHigh order（90nearby)Dead cross, red kinetic energy column shrinking, fast slow line diverging upwards, expected to have a pullback trend.

Overall, gold prices have broken from above1765Afterwards, the space above was opened up and it was in a bullish trend. It can also be said that as long as gold is in the1745Above, all the pullbacks are opportunities to go long. since6month24day1779Under pressure, De Hao speculates that it should be1765The price pressure caused by the profit taking out of the long chips is a normal pullback, and the pullback can only be better broken through upward if it has potential.
Intraday trading reference
1、1760Multiple orders nearby (such as callback1755Multiple nearby replenishment orders), target1770Nearby, stop loss1750Below
2、1773—1775Short term empty orders nearby, target1765First line with minimum stop loss
3Market analysis and operational suggestions are for reference only. The market is constantly changing and requires real-time analysis and follow-up. All orders are based on actual warehouse orders.

Every trader is a student of the market, and the market is a strict teacher who teaches us every day. The teacher will come up with many questions, some easy and some difficult. As students, we need to have great patience and choose easy and even clear questions to do. To learn to give up, to give up on those profound and difficult topics, the reason for this is to earn a certain amount of money with a small and broad scale, with minimal losses.
Respect and awe towards the market is a humble attitude and the correct investment approach. In this unpredictable market, some people can make money, but there are also many friends who do not achieve ideal results. When it's time to go short, be afraid to go high. When it's time to go long, be afraid of falling back. In fact, this is the human heart, and the human heart is the most complex technology. Sometimes you will know that what really affects you is not the price, but rather the fact that you have too many things in mind. The biggest risk of investing is not knowing what one is doing, and a person without goals will eventually achieve their goals for others;A person without a plan will eventually be planned by others.
The biggest enemy of trading is not others but ourselves. After the ups and downs of the market, everyone has also realized the importance of stopping losses. Making money is a habit, losing money is also a habit, experience is precious, only principles are priceless. What we need to do is to remove our bad operating habits, and after completing a transaction, do you write down your trading history and psychological changes during the transaction, then identify your shortcomings, and then correct them one by one, Gradually, you begin to understand what trading is all about.
Starting from words, respecting talent, matching personality, enduring kindness, and finally achieving character
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