Wang Mingxin: Gold fluctuates between long and short positions, weekly closing. Analysis of today's gold trend and operational suggestions

Investors can make judgments based on their basic market expectations, but even if their judgments are accurate, the timing and intensity of market trends caused by these expectations may still far exceed your expectations. This actually proves how difficult it is to accurately predict the market - even if it relies on a bunch of proven correct judgments. Because if market fluctuations are a big deal, then "fact" is just one of the ingredients.


Investment is a long-term strategy, not a day or night, so it should not be rushed. Even if you lose money now, there's nothing to be afraid of. As long as you make the right choice, what you lose will come back. For those who are often τ Single investment friend Wang Mingxin tells you to remember the following5Taboos:1Heavy storage operation.2Without stop loss.3Reverse the trend operation.4Frequent order making.5Poor mentality and easy operation. The above is a summary of my years of experience. If investors have encountered similar problems in the past, please summarize, discover your own shortcomings, and make corrections. In the long run, you will always gain something - share with everyone!


　　goldPreface——


Yesterday Thursday, for yesterday, Wang Mingxin, I remained steadfast1950-1960-1968Short selling gold. And in the white market, gold is deeply trapped in long and short positions1940-1950The range oscillation is difficult to extricate oneself, and then the oscillating bulls eventually hit the breaking point1950, surged within the day1966The front line came to a halt and then fell backVShape reversal, gold plummets at midnight1941The first line has stopped and rebounded, it must be said that yesterday was undoubtedly another day of excitement. So for yesterday, to be honest, I have been firmly shorting Wang Mingxin, except in the morning1950-1940In the range fluctuation, some students gained profits in a small range, but in other periods, they shorted and lost continuously. However, as I mentioned yesterday, bullish gold is difficult to form, and any rebound is to expand short selling profits. After experiencing multiple stop losses,1966Nearby medium - and long-term short orders are perfectly profitable. Of course, this wave of orders is not over yet. Yesterday, a student asked Wang Mingxin when the orders would be eliminated, and I also gave a firm response from Wang Mingxin. If you want stability, then1950Out of the game and then break through to continue short selling. If it's not necessary, Wang Mingxin, I'm determined to take a closer look1930-1920Regional, please be patient with me regarding this. So today Friday, can there be any unexpected outbreak of bullish and bearish gold? Everyone, just listen to Wang Mingxin as I explain.


——Review of Yesterday's Gold Market——


Yesterday Thursday, gold opened in the morning1947First line, opening lower1944Nearby, there was a rebound, followed by repeated bulls1950Nearby, but it is worth mentioning that the bulls did not experience further upward momentum, but instead fell again1944On the front line, overall, the Asian market is dull, and the long and short positions of gold are also limited to1950-1944The range fluctuates and hovers. During the European session, gold further declined1942The front line is once again experiencing a rebound, while the long and short positions of gold remain deeply trapped1951-1942The range fluctuates and hovers until it approaches the US market before reaching a higher level1952First line. And in the US market, the market is more stimulating, with bullish gold erupting and stabilizing1950On top of that, there was a further rise, followed by the breaking of gold levels1960Soaring1966The first line came to a halt, followed by a bearish attack, and gold also fluctuated and fell to break through levels1950Lowest drop to1941On the first line, it stopped and rebounded, and then gold closed at1945Near.
  

——Why has gold experienced a sharp rise and fall? The weekly closing, can gold bears continue to break down——


As of yesterday, the bullish and bearish positions of the golden day were limited1950-1940After the range fluctuation, the bulls experienced a strong upward break and a rise1966On the front line, and subsequently, it once again faced setbacksVShape reversal, strong decline of gold1941On the front line, the long and short fluctuations can be said to be quite extreme. So what is the reason for the huge rise and fall of gold? First of all, let me explain the reasons for the bullish surge. For yesterday, due to the recovery of the Eurozone, the US dollar was suppressed, and the market's sell-off caused a sharp drop and breaking through93Da Guan, this undoubtedly allows gold bulls to take advantage of the situation, coupled with the further escalation of border issues between China and India, leading the market to believe that the threat of war is approaching, which is why gold has surged. Guidance hotlinekdj0866


So why did midnight gold experience a strong decline? Regarding this point, Wang Mingxin, I have actually mentioned that although international issues have led to an increase in risk aversion, none of these events have truly erupted, which has resulted in insufficient risk aversion to sustain the bullish gold market. Especially during the midnight period, the US dollar, supported by various positive data, once again bottomed out and rebounded. Therefore, gold also stabilized strongly and rose higher than before93Above the major level, this also once again exerted significant pressure on gold, leading to a market sell-off and a decline in gold despite being hindered. This is why gold fell at midnight.


So for today, with the weekly closing on Friday, can the bullish/bearish trend of gold break out? At present, the dialogue between China and India indicates a positive dialogue to prevent the escalation of differences between the two countries, and also indicates mutual maintenance of border peace to avoid any actions that may escalate the situation. Therefore, this conversation has relatively led to a cooling of the China India issue, thereby dissipating the momentum of gold hedging. Another point is that the US dollar is currently leaning towards strength, and bulls are facing further shocks94The kinetic energy at the checkpoint also puts gold under strong pressure. So for this situation, gold undoubtedly still gives bears an advantage at the moment. In this regard, Wang Mingxin believes that gold will continue to decline today1930-1920Region. Of course, for Friday, the most important thing for the market is unexpected events and market crashes, which may lead to another outbreak of gold. Therefore, everyone needs to be cautious about this.


So for today's operation, first of all, everyone should stick to it1950Don't break short, focus on following below1940The situation of gains and losses at the checkpoint, once it falls below, everyone will take advantage of the situation to make up positions and short positions. Let's take a look1930-1920Area is sufficient, please take a closer look1900Region. On the contrary, if the bulls once again welcome a counterattack and break through1950So everyone can also take advantage of the situation and go long1960-1968If you don't break, just say short. Wait for further breakthroughs1980Don't break and then short. Anyway, as the saying goes, any rebound is an opportunity for us to short in the medium to long term. To address this, all you need to do is strictly control your position and follow up on stop losses. Before the outbreak of war in the market, any safe haven rise in gold was just a dead cat jump. Remember not to blindly bullish. Of course, for today, the specific operational details will be provided by Wang Mingxin based on the actual situation. You can strictly follow up at that time.


——Analysis of Gold Trends——

Today, gold opened in the morning1945First line, opening higher1947The front line was blocked by the daily Bollinger Bands and the middle track experienced a decline, but currently the lowest gold price has also dropped to1943Nearby, overall, the bullish and bearish positions of gold are currently experiencing small-scale fluctuations. From a technical perspective, currently the gold market is hindered by1947Bollinger Belt Middle Rail and1950The gateway is further hindered by obstacles1960Gateway and1962nearby4hour200The moving average is suppressed, followed by obstacles1968The Fibonacci correction line is suppressing, and from above, there is heavy pressure, making it difficult for gold to become a climate. So below, gold is currently hindered by1940Gateway and1938Nearby Daily LineM5Moving average support, gold bears want to see a strong decline1930-1920Regional, first of all, it is necessary to fall below these two support lines. Of course, Wang Mingxin believes that at most during the European market period, gold can experience a downward trend. In this regard, everyone only needs to follow up by short selling after the market breaks through. Of course, for the specific details, everyone needs to adapt according to the situation. Remember to strictly follow Wang Mingxin's requirements when operating, and strictly control the position and stop loss according to Wang Mingxin's requirements to prevent unexpected outbreaks.


——Gold operation strategy——


Empty order strategy:


Gold rebound1950-1960Nearby not breaking short (buy down) two tenths of the position, stop loss3Points, target1930-1920-1900Near.


Gold rebound1968-1980Nearby not breaking short (buy down) three-tenths position, stop loss3Points, target1920-1900-1880Near.


Multi order strategy:


Gold Fall1940-1920Nearby not breaking short (buying up) two tenths of the position, stop loss3Points, target1950Near.


Gold Fall1900-1880Nearby not breaking short (buying up) two tenths of the position, stop loss3Points, target1920-1930Near.

  

——Gold investment philosophy——


Our investment philosophy is to first ensure the safety of principal, and then to increase value on the basis of preserving value. But the market is constantly changing and unpredictable. There are two problems with this: firstly, in order to reduce risks, we cannot maximize profits; Secondly, due to market uncertainty, losses are bound to occur at a certain stage.


Any successful trader needs to follow strict trading principles - no hedging,Don't lock the order! The survival law of the market is the law of the jungle. No one is destined to be unlucky, but there is a group of people who will be eliminated by the market. War will not give soldiers an opportunity to explain, and investors will not enjoy preferential treatment because you are weak. The waves wash away the sand, the sink is gold, the wind blows the clouds, and the "left" is king.


Wang Mingxin's investment philosophy: Respect the market and strict discipline! Investment experience: First big and then small, first long and then short, knowing and correcting mistakes without fear of mistakes, enduring loneliness, and holding onto opportunities! Operation technique: Cheetah like opportunity focus, follow the trend like a wall of grass!


This article is written by Wang Mingxin（ kdj0866）Exclusive original by analyst, I have always been passionate about goldcrude oilMarket, due to the delay in online push, the above content is my personal suggestion. Due to the timeliness of online publishing, it is for reference only and I bear the risk. Please indicate the source when reprinting.