Jinrong China: Gold shocks continue, pay attention1790-1820Interval breakthrough

Fundamentals:
Tuesday（7month14day)goldPrice maintenance1797-1813The range fluctuates, with the daily line closing and the shadow line closing.
Today's data        

Technical aspect:

        On the daily line, the gold daily line closes with the shadow line and the positive line, currently operating near and above the short-term line,5Japan and Japan10The daily moving average runs flat and adheres, while the mid-term line runs upwards,MACDRun up,KDJRunning upwards, indicators are bullish.
        Gold's lowest price this year1450Rising to the highest level in the near future1818Nearby, the increase is close to370The US dollar is already within the limit of annual growth, reaching1800The top of this year may be seen at any time from above, but it doesn't mean it will plummet soon. It may grind at a high level for a while. The higher the market is at the current high level, the less upward space there is. This is like a spring, and the current position may be stretched even longer if pulled hard. However, it has already reached the limit range of spring tension, and it is not impossible to have a large section of space like starting to stretch. The saying is that extreme things will turn around, Once the spring reaches its limit and loses its maintenance force, it will quickly retract, which is the trend that gold will appear in the future. Therefore, the higher the current high, the greater the room for future adjustment1800If the upper part is really empty, the adjustment is likely to exceed200USD space, believe in breakthroughs1800Many people have already seen1900Even to break through1920Well, this kind of thinking is very normal. It's a common mentality for retail investors to be bearish when prices rise or fall, although it cannot be ruled out1900After all, black swans may appear, but the probability is extremely low. From the perspective of the current position, it is definitely not possible to hold long in the medium to long term. In the short term, if the market remains strong, it is still possible to adjust back to a lower position. However, do not blindly look long, do not look too far. As long positions are temporarily strong, short positions can wait and see first, and do not worry. Once there is a clear obstruction signal on the weekly or daily line, you can consider gradually entering and laying out short orders, The first thing that will come in the future is definitely the adjustment of the central line, not the rise of the central line, it's not that it's not too late, it's just that the time has not arrived. Due to the impact of the epidemic this year, the fundamentals have become very complex. Currently, we still need to focus on the epidemic situation in the United States and globally. This year, we may be affected by the epidemic for the entire year, as we cannot effectively control the situation and resume work and production. Coupled with the large-scale protests and gatherings before, the impact of the epidemic has begun to expand, and the US economy will face another major blow. Therefore, the Federal Reserve's historical level of easing will continue to be maintained, The continuation of this situation will continue to support the gold price. It has already passed the middle of the year, and the fundamentals are still chaotic and complex. The overall global epidemic continues to rise. The United States, India, Brazil, Russia, and many African and American countries are still growing at a high speed, and currently cannot see a turning point. Instead, it is accelerating. If this continues, it cannot be ruled out that the third quarter will still be shrouded in the midst of the epidemic, and the turning point will not be seen for a long time, so we can only continue to wait.
        The gold daily line continues to maintain a high and volatile pattern, always stabilizing10The daily moving average is1790The upper part is fluctuating and bumpy. Currently, it seems that as long as you don't fall below and stand firm10Daily moving average1790Nearby support, after high level fluctuations accumulate momentum, it is likely to continue to rise and hit new highs, but pay attention after reaching new highs1830Nearby pressure zone, this is a breakthrough1670-1750The space that should be completed after a large interval, of course, may go up a bit after completing the space, so the exact point should be1830It is possible to see the top near or above, but it cannot be determined whether it can be reached or not. It is also possible to turn empty until the end, depending on when the weekly line is blocked. Today's intraday support is still in place10Daily moving average and trend line support1795Nearby, the pressure is still1815-1820Before breaking through the range, continue to maintain the fluctuation and turbulence of the range, and continue to sell high and buy low. High altitude orders can choose more short-term options for future pullback under the game, and if the daily line falls below and stabilizes in the future1790The checkpoint should start turning empty soon.(Band Midline Trading Opportunity Reminder:1800Empty order layout above, target1700-1600-1500。)

        4The hourly high range is fluctuating and bumpy, currently operating near and above the short-term line. The short-term line is stuck in chaos and has no direction, while the medium-term line is starting to flatten,MACDSmooth bonding,KDJRunning upwards, the indicator direction is not obvious. In the short term, gold has fallen into a high range with fluctuations and overall looks like a flag shaped consolidation. Therefore, as long as it breaks through the downward trend line and the previous high, a new wave of rise will be formed. However, it is important to pay attention to breaking through1820After rising to1830There is not much room nearby, so the market flag may indeed rise after consolidation. However, the space is limited and it is not recommended to pursue the long position. However, it is possible to reduce the position and hold the game after the long position is low within the high range. Today, we will pay attention to it1790-1795Support,1811-1818Pressure, unable to break through before continuing to sell high and buy low.
pressure1811-1815-1818-1830-1850-1900-1920
brace1795-1790-1770-1757-1747-1700-1600-1500
Spot gold:
1.   1790-1795Long, stop loss1788, Objective1800-1810-1815-1820-1830
2.   1810Short and stop losses in nearby light positions1813, Objective1805-1800-1790-1770-1750-1700-1600
3.   1815-1818Short position and stop loss1822, Objective1810-1800-1790-1770-1750-1700-1600