Shi Wanjin:9.10Analysis of Gold Trends and Short term Operational Suggestions for Gold Range Volatility

Take advantage of the situation and have a way to obtain wealth. Of course, this may not be the best strategy for a volatile market, but even if it is a volatile market, it will also help push the market towards a certain direction. The trend of the overall structure is generally not easily changed, even if it is a short-term volatility, the market will eventually follow the trend.
　　
　　goldYesterday evening, due to the rapid short-term retreat of the US dollar index, the market's bullish sentiment towards gold increased, with gold reaching its highest level in the short term1950Nearby, today gold is expected to fall back under pressure on this front line as scheduled, but currently, the space for a decline is very limited. We need to continue to pay attention to it in the future1950-1955The gains and losses on this front line.
　　
Based on the analysis of the gold daily chart, gold still maintains its recent volatile pattern, and current trading is in1945Near the US dollar. Daily chartMACDThe green kinetic energy column gradually weakens,KDJRandom indicators remain stable at50Below the horizontal level, it indicates that the bearish momentum of gold has weakened or may further fluctuate. gold4Analysis in Hours: Gold Price Continues from Low Point1906The rebound momentum of the US dollar is currently trading in100Near the moving average.MACDThe red kinetic energy column is basically stable,KDJThe random indicator hits the overbought level upwards, indicating that the bullish momentum of gold is stable, and short-term caution against overbought triggering a pullback.
　　
Gold remains in a volatile pattern and has not changed. Previously, it had been below the moving average, showing a bearish trend. Our operating strategy is also focused on rebounding against the bearish trend. But yesterday's market has changed, breaking through and stabilizing1933Above the position, and4In the hourly trend, gold has already stabilized above the moving average and formed a golden cross. As the market strengthens, our thinking has also changed accordingly. Next, Shi Wanjin believes that the main trend is bullish with low bullish.
　　
After yesterday's market rally1942-1950Small horizontal consolidation within the region, which is also a position where gold has previously rebounded under pressure, and volatility is inevitable. Retraction is for better performance. Today we will rely on the low point hit by yesterday's US market rebound1940Long on the front line. The pressure to pay attention to above is1955-60Region, which is also an important position for gold's previous consolidation pressure, can be bullish if it breaks through1980Above. On the operation, Shi Wanjin suggests a bullish trend with a low bullish outlook. Overall, the short-term operation strategy for gold today is based on the personal suggestion of Shi Wanjin, who suggests a pullback as the main strategy and a rebound in the high altitude as a supplement. The short-term focus should be on the upper level1955-1960Frontline resistance, short-term focus below1940-1935Frontline support.
　　
Above Gold1950-1955Short on the front line, stop loss5US dollars, look at the target1942-1940frontline;
　　
Below Gold1935-1937Long on the front line, stop loss5US dollars, look at the target1948-1950frontline;
　　
In gold trading, most investors are affected by the ups and downs of the market, sticking to their original intention and always doing what they want. Although what they say may seem simple, there is very little they can do. This is why most people in the market are losing money. There is a misconception in short-term trading: short selling is afraid of rising, long selling is afraid of falling. Everyone should know that no one can long at the lowest position and short at the highest position every time, In the short term, there will be some fluctuations, but most people focus on the market. When the market is running in the opposite direction to the entry direction and has not reached the stop loss level, they blindly worry that it will only change the original intention. Frequent exits and entries will only increase the stop loss. Therefore, principle is important. According to the initial strategy, if the market has not reached the stop loss level, hold firmly. Once the market breaks through or falls below resistance and support, adjust the strategy in the short term in a timely manner, Follow up on the trend.
　　
Wen/Shi Wanjin  (Guidance letter:swj178 ）
　　
(Disclaimer: The above analysis only represents the author's personal views and does not constitute specific operational suggestions. Based on this, we will be responsible for our own profits and losses, investment risks, and caution should be exercised when entering the market.)