Bowang Lunjin:7.3Beware of the Black Swan Market on Golden Friday Night! Will gold continue to decline in the future?

    Abstract of Bowang's article on gold:2020.7month3Novice FriedgoldWhat common sense should I pay attention to?7.3Why does gold always lose money? 7.3What do you think of the gold trend?7.3foreign exchangeHow to untie the gold long empty single quilt cover?7.3Does the rise and fall of the US dollar have a significant impact on gold?7.3Gold trend analysis and operational suggestions?7.3Do you still have data on Golden Friday?7.3Will gold continue to be bullish?7.3How to layout the golden medium and long term line?7.3What do you think of the bullish market for gold today?7.3Why has the gold market surged and plummeted recently?

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    When you are still searching for articles and suggestions in the market every day, it proves that you are still losing money, or you are not confident in your own operating methods. So we use our funds for investment to increase greater returns, rather than to achieve losses, How much profit can you grasp based on your lack of technology and a mature management plan for the true market situation? There are always too many identical articles, why can't a well-known analyst edit an article well? Help those in need? Isn't it true that there are no so-called analysts in this market without investors and newcomers? My article is not meant to please others, but to give sympathetic friends a sense of belonging. So whenever it's quiet at night, when you're feeling helpless in the market, please remember that there's also a friend named Bo Wang Lunjin who is fighting alongside you! So in the market, choosing and determining the length of the road also determines the fate of a financial career. I am Bowang Lunjin, no matter where you are, I have been waiting for you.



    What news will affect the trend of gold on Friday? DafeinongVCan the shape reversal continue the bullish trend?What do you think about the availability in the aftermarket?




    Yesterday, gold began to fluctuate and hover from the morning, with the European market rebounding1773The nearby suppression is also the short selling point given by Bowang's strategy yesterday. You can verify whether it is true. The precise points are exactly the same. So gold is1773Nearby, it began to fall under pressure, and during the decline, the gold and non-agricultural data released bearish results, which also catalyzed the speed of short orders. Therefore, the lowest point dropped to1758Nearby, so is Yibo11About US dollars. So here comes the problem! Why did the bearish trend of gold data not continue, but instead hit the bottom and rebounded, ushering in a big rise?


　　
    Of course, yesterday, although the non agricultural period of gold saw a significant decline as expected, afterwards, gold alsoVShape reversal ushers in21What is the reason for the sharp rise of individual points? The main reason for this is that although the employment and unemployment rates have recovered, indicating a perfect recovery of the US economy, the statistics on this non agricultural data are still somewhat biased. Because this data is based on the employment situation before the second outbreak of the epidemic, it has relatively limited the impact of non agricultural short gold. Secondly, due to the current outbreak of the epidemic, the number of permanent unemployed people has also relatively continued to rise, which has also increased market panic. Gold, after experiencing a sharp decline, also received buying inflows, which is why gold, after yesterday's sharp decline, welcomedVThe reason for the shape reversal.


　　
    So for today, after Friday, the weekly closing, and the sharp decline and rise of gold and non agricultural short positions, how should the long and short positions continue? For this point, personally speaking, Bo Wang is still optimistic about bearish returns. Why? Firstly, although gold experienced a strong upward trend yesterday, the positive impact of non agricultural data has also driven the US dollar to strengthen, which will also have a negative impact on gold. Furthermore, other geopolitical risk sentiment in the market has not further erupted, resulting in insufficient bullish momentum for gold. Another point is that although the epidemic is continuing to break out, it can be suppressed once globally and relatively for a second time. Moreover, the current vaccine development is also relatively smooth, which has led to a certain relief of market panic.




    Overall, in the current context, although the risk aversion attribute still provides support for gold, it has not been overly stimulated, making it impossible to maintain the continued upward trend of gold. Over time, the support momentum for gold will also be relatively weakened. Therefore, if risk aversion is not achieved, gold will inevitably continue to decline1750-1730Area.


　　
    So today and Friday, everyone still needs to be cautious when dealing with the market. Of course, due to the US holidays, the US market will be closed early today, which will also lead to selective flight of market orders. Regarding this, if Duokong wants to experience an excessive break today, the possibility is still a bit small. Regarding this, Bowang suggests that everyone first focus on today1790-1762When dealing with interval fluctuations, you need to adapt according to market changes and be mindful of the possibility of unexpected outbreaks. So it is important to control the position and stop loss issues while operating.




     Friends who are not ideal for investment in the near future can follow the Bo Wang Discussion Gold Moment and follow the teacher to strive for more money;




    When others are making profits and you are still losing money, what support do you have for your unwillingness? Are you comforting yourself? Many people actually know that they are painting cakes to satisfy their hunger, but they are unwilling to face reality and are committed to pursuing empty joy. Many people believe that the recent market fluctuations are too fast to make a profit, but in the eyes of Bowang, as long as there are fluctuations and the entry point is grasped well, there can be profits! I don't need you to have such a clear mindset here at Bowang. All I need is good cooperation, trust, and a desire to make a profit. Making a profit is that simple.





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    Bo Wang's Discussion on Gold - Gold MarketTrend analysis and operational suggestions:




    Technical analysis of gold: From the daily chart, gold is still in the10The daily moving average and trend line support the upper ups and downs, and gold fluctuates5Rihe10The daily moving average fluctuates, and these two moving averages temporarily provide some short-term support for gold. If both moving averages are broken at the same time, it will also fall below the support of the trend line, so that short-term bearishness should be confirmed. Otherwise, after intraday turbulence, it may still pull up and hit new highs again.




    4From an hourly perspective, the short-term trend has shown a relatively clear upward trend recently. After continuing to rise horizontally this week, gold prices staged another roller coaster ride in the US market yesterday and briefly fell below the starting point of this week's rise. This may have raised concerns among bulls about the short-term upward trend in the future, but the upward pattern of volatility has not been broken, unless gold falls below1747Otherwise, the bulls still have a chance to hit1800Key Focus Today1760-1757If you break through the barrier and stand firm, you should hit the front low1747If you don't break through the bulls, there is a possibility of a repeat.




    Overall, in terms of today's operational strategy, Bowang's personal suggestion is to focus on buying short through rebounds, with more underperformances as a supplement, and pay attention to the short-term upside1782-1785One line of resistance, short-term attention below1768-1766Frontline support.




   Reference idea 1:Callback to1768-1766Add long, stop loss1762Stop surplus1774-1776Nearby; Breaking through the band, we can see1782Nearby;
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   Reference idea 2: First rebound1781-1782Nearby short space, stop loss1787, Objective1775-1770-1766Nearby;




   Reference idea three: If you step back forcefully at night1762-1760Long nearby, stop loss1755, Objective1766-1770-1776Nearby, break down and take a look1780-1782Nearby;





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     Bo Wang discusses gold - because we are professional, we are leading! How can we profit without a perfect risk control plan?




　
   Step 1:Clear goals, the so-called clear goals, are to plan the amount of money you plan to invest in spot gold trading, how much profit you can earn, and the approximate range of losses you can bear. Only through these basic goals can you make a reasonable fund management plan. However, Bowang also reminds foreign exchange investors that although gold is a low-cost and high-yield investment with a hundred times leverage for gain, it is also important to pay attention to cost control and avoid frequent trading to increase costs.




    Step 2:Plan the steps, such as what trading mode to use to gain profits, whether you are good at frequent short-term trading or prefer a long-term fishing model to make orders, how much trading to stop every day, how much money to withdraw from the market when losing, and how much money to close positions when earning, all of which need to be well planned.




    Step 3:Testing a plan, no matter how perfect a theory is without combining it with practice, cannot determine its effectiveness. After roughly developing one's trading strategy, it is recommended to find a competent and responsible teacher to see if it can bring stable profits to oneself through practical experience.




    Step 4:Strictly implement. This step is the core of the entire plan, and the losses caused by any random exchange can be fatal. Gold trading cannot withstand any deviation. Planned trading is necessary to better control risks, accurately follow market trends, and achieve profits.




    Learn to allocate and plan life reasonably. Don't blindly predict your strength and the hardships of your journey, always be prepared. Understand the importance of reasonable planning. When it comes to trading, many people are overly optimistic about their predictions, leading to a final defeat. Especially overconfident, when choosing to operate with a full warehouse, the result is hopeless. Many people view this market as a profiteering market, constantly adding money or even borrowing money to make transactions. Often, when they realize that the market is scary, they turn around and find that there is no way out. So it is important to plan reasonably and take oneself and the market seriously.




   
    This article is written by the team of gold and crude oil analysts (Bowang Lunjin)（bwlj6688 ）Exclusive planning, thank you to the readers for their love and support of Bowang's article. I hope everyone can gain some insights and insights from Bowang's article!