Shan Chenjin: Is there a solution to the strong bearish sentiment of gold and the low bearish position next week? Monday operation suggestions and layout!

A reliable person has everything explained, everything settled, and everything responded to. apply togoldIn terms of investment, it means having confidence in opening positions, having a clear goal in building positions, controlling risk in holding positions, and making profits in closing positions. Shan Chenjin has always been committed to the market. It is a market where gold always shines and fish and dragons mix. The recognition gained through boasting will always be revealed in its true form. Chen Jin can only persist in writing useful analysis for investors, which can help them avoid detours, learn skills and knowledge, and make fewer mistakes. Then I believe that time will see people's hearts.
　　
　　9.13Next week's gold news analysis:

This week, the financial market has been volatile, with risk events intertwined, and gold is long and short intertwined. Investors are in a wait-and-see state. This week, it is worth noting that a new round of economic stimulus plans has been blocked by senators, and due to the impact of the epidemic, the number of initial jobless claims in the United States remains high. Investors' doubts about the global economic outlook have increased safe haven buying for gold, but the strength of the US dollar has limited its gains.
　　
Next week, the market will welcome interest rate decisions from the three major central banks, including the Federal Reserve, and investors need to closely monitor. In terms of data, focus on China8Monthly retail, industrial and fixed assets investment. Other major data include the UK unemployment rate andCPIUS retail sales and current account, CanadaCPIAustralia's unemployment rate, etc.
　　
　　9.13Next week's analysis of gold technology:

Overall, last week was still within a wide range of fluctuations, with repeated bearish and bearish washouts still present. Gold has been trading for four consecutive weeks1900Upward oscillation, this position is also a historical high in the early stage. Therefore, without new fundamentals to stimulate the market, there is no momentum for gold's rise to break through the new high. In the past month, no one should have called out to see the so-called high2100，2300Let's go! At present, the gold daily level is up to1440The upward trend line in the area has been broken and is currently in the process of building a new trend. Therefore, recent operations will mainly focus on the short-term band, and if trading on the trend, short selling should also be the main approach.
　　
At present, the four hour level is up to2020The high position in the area is constantly moving downwards, and the support below is uniformly concentrated in1900First line, opening this week1930.9, minimum1906, highest1966, closing on1941.3. Now it is also at the end of the flag shaped oscillation, but don't go long on the trend as resistance at the hourly level is still present1948-1950In the area, we will still rely on next week's operations1950Short selling in the area, with large funds available1979As a defensive batch layout with empty orders,1950.1960, and1965. I believe those who follow Shan Chenjin personally know that I am bearish but not dead short, and I will not pursue short positions. At this current position, I try to long and short mainly in the short-term band to avoid so-called medium to long term, so as not to conflict with my trading strategy and cause a significant profit retreat, which is not worth the loss! Follow "Dan Chenjin" CEO or addscj366 has the opportunity to receive one-on-one free guidance and specific cost recovery plans!

　　9.13Trading strategy for gold next week:
　　
　　（1）First touched on Monday1950-1955Empty, stop loss1960, Objective1940-1935, take a break to see1922-1916
　　
　　（2）First touched on Monday1925-1920Multiple, stop loss1915, Objective1935-1940, take a break to see1950-1955
　　
　　9.13Solution to low position empty orders:
　　
　　1The first part is about1906Nearby, there must be a large number of those who are chasing empty orders. We can find some friends who are chasing empty orders1955This position is an empty order, this critical position1955It's a dividing line between long and short positions. You can try to make a profit, but make sure to bring a stop loss. Remember,3reach5A stop loss point is a prerequisite for breaking and locking positions, as there are sufficient available funds. Lowering the average price, we can make a pullback tomorrow with overall breakeven or minor losses, and then lay out to make a profit.
　　
　　2The second part is about1915-1920This part of the short orders has been sold out, and I have to say that this group of people still have some technical skills and the idea of rebounding short. However, the most important thing is that there is no stop loss, which is a bit careless, risk aware, or overly confident. This part of the short orders is still salvageable, with the pressure position above it1955Empty wave, it will provide10Callback of points. I can come out tomorrow.

　　3I won't go into the third part,1862Empty-even to the extent that1800There are plenty of short positions available, and if you still survive until now, it indicates that you have good control over your position. You are working on a light position, but you cannot withstand such an increase. My suggestion is to double the resistance position above and fill the short position to lower the average price. If you are short on the middle line1902Location.
　　
In the gold trading market, even if you have good technical skills, please do not operate with heavy positions. A wise person is always cautious and will make a mistake. With a heavy position, you can go home and fail. Give yourself more opportunities and summarize more experiences, this will be a precious treasure for our entire life! The operation requires a reasonable position ratio and strict stop loss measures. The core of investment is to invest in life, with a long life path and gradually accumulating profits. Even a true nouveau riche will not choose to spend their entire life aimlessly in the next few decades. A person's life should be a process of accumulation, reflecting their own value!
　　
　　This article is exclusively written by Shan Chenjin, a nationally certified gold analyst
　　
Writing time:2020/09/13
　　
Guidance WeChat:scj366WeChat official account: Shan Chenjin
　　
Author's message: The true essence of trading lies in simplicity and tastelessness. The market is cruel, and readers are all teachers, each with their own strengths and weaknesses