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Shi Wanjin:9.16Analysis of Gold Trends, Gold1960Empty once first

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Once an investment encounters a loss situation, the correct approach is to accept and acknowledge those facts, not reject or resist them. Since the past has passed, let them become the past, say goodbye to the past, do your current position well, and do what you should do now. Position risk management, follow the trend, and if the past cannot be changed, then change the present and future. There are always many disappointments in one's life, but when facing them, we should firmly believe that there is a solution to any problem. Sometimes, it is up to us to change our mindset and approach.
  
  goldTrend analysis:
  
Spot gold fluctuated widely on Tuesday, rising first and then falling. The Asian and European markets looked very strong, with momentum to move unilaterally, but the US market was1972Under suppression, there was a sharp decline, with the lowest being at1948, achieved a reversal of the market trend, successfully put pressure on the bulls, and closed in1952Returned to a oscillatory state. You can see the daily line at the vertex1972The downward trend is bearish, which happens to be suppressed within the Bollinger Bands. Therefore, the recent performance of gold will depend on the daily cycle, and currently1972/1920As mentioned earlier, considering the low point of gold this week1906Breaking the limit may lead to a sharp drop, while not breaking will maintain volatility. Therefore, it is reasonable to maintain high altitude, high altitude, and low long trading on a large scale.
  
From the four hour chart, it can be seen that after the price broke through the acceleration line last night, the price did not close above and the pattern failed. However, from the current operating pattern, there is not much change in the bearish position. According to the operating trajectory, the price will still go for offline testing,4The Hourly Boulevard also began to contract the interval, the small cycle interval1965-1935.Broad oscillation range at the closing of the daily Boulevard1970-1920.Take a look at the local oscillation first. So the current focus is1937-34The bottom line support here, once lost, is to test the daily chart triangle edge line1922On the front line, further down is the premise and bottom point1906On the front line, while the top one is suppressed at the high point of last night's backdraft1958.8-60Here, it happens to resonate with the suppression of the hour chart. In terms of operation, the oscillation approach of empty first and then more is applied. Today's pressure1960-1965Looking below1945-1940Key attention1937Low point gains and losses
  
Gold1960-1962Empty, defensive1968, Objective1952-1945Break the position to see1940。
  
First time meeting1938-1940Short line one more time, defense1936, Objective1948nearby
  
Short term fluctuations, mid line bands, and long term trends. The two ends of investment are analysis and trading, while the connection between these two ends is waiting. The core of waiting is to adhere to the ability circle and respect common sense, patiently wait for the best opportunity to sell, and avoid frequent trading is one of the recognized winning strategies. Strictly stop profits and losses when making orders, strictly grasp the points, and strictly prohibit heavy position operations! 2: To make a market, first look at the trend, then at the point, and finally at the time. What I emphasize is my understanding and observation of the market. Whether the operation is right or wrong, there must be a reason for the operation. Reasonable operation, whether right or wrong, requires timely review, which is the true investment.
  
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.)
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