He Qin:9.16The Federal Reserve's decision is coming, and the gold market is mostly bullish on bulls, whether they can achieve their goals

When encountering a dilemma, thinking from a different perspective may help you understand that there is still a road beside it.
　　
Bank of America expects the Federal Reserve to shift from a stable policy to a loose policy at this meeting, possibly strengthening forward-looking guidance by linking the zero interest rate floor to excessive inflation; The Federal Reserve may fine tune its statement to align it with balance sheet policy to support the economy, rather than stabilize the market.
　　
　　FEDWill not adjust monetary policy, but Powell should mention the toolkit at a press conference, which may provide some guidance on the motivations for using these additional tools; The changes in forward-looking guidance and adjustments to the balance sheet will be the most concerning focus of the US interest rate market. The risk faced by the US dollar is to some extent negative, which will depend on the wording of forward-looking guidance.
　　
Amidst the sell-off of the US dollar, gold prices have once again risen by over10USD.goldIt seems to be trending upwards, but the Federal Reserve will be available early Thursday morning Beijing time2The forward-looking guidance released at that time is crucial. The dovish expectation will put the US dollar at a disadvantage and favor gold.
　　
Technical aspect of gold: Gold attempted to break through upwards yesterday1970Resistance, attempting to break through the resistance in the triangular range, failed to stabilize at a high level and fell back onto the triangular track. The gold daily chart shows that the oscillation is located on the edge of the triangular range, ready to break through the range. I believe that gold will be in the1945-72Regional oscillation operation.
　　
　　4From the hourly chart, it can be seen that the online and offline tracks of Bollinger have narrowed,MACDDead cross operation above the zero axis, with signs of technical adjustment in the short line, and support below the daily line located1945The second support is located at1937The upper resistance is1963-66The second resistance is1970-72Focus on the first support, and if unable to break through the first resistance, continue to step back on the second resistance. Gold is cautious in chasing gains.
　　
Golden Strategy: Fall Back1955/8Region empty first, stop loss1949, Objective1966/9
　　
[The above opinions and suggestions are updated in real time for reference only, and trading risks are borne by oneself based on them. Specific orders should be made according to the real-time market situation and guidance from He Qin.]
　　
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Establishing the Correct Trading Concept to Solve the Troubles of Gold Investment Losses
　　
Why do you always lose money when investing in gold among many investors? He Qin believes that among most people who lose money, the number of times they make money is greater than the number of times they lose money. However, because making money often involves making small amounts of money, losing money often involves losing large amounts of money. One loss offsets many profitable transactions, which means that the final loss is often caused by one or two large losses, which is the main reason for most people's losses. The reason for the big loss is that after the loss, they don't admit their mistakes in a timely manner, carry it on to the end, and even constantly increase and spread it out, blindly locking in positions! In the end, the loss reached an irreparable point. Therefore, not afraid of mistakes, just afraid of procrastination. Delaying and admitting mistakes is the root cause of losses, and timely admitting mistakes can help oneself get rid of passivity. This is an important aspect of successful trading psychology.
　　
What is investment? What is the meaning, do you really know? Investment is the pursuit of a situation with infinite potential under controllable risk. What is controllable risk? It means that you deeply know in your heart what the maximum loss you can bear from this attempt. Understanding this truth, even if you fall behind, you can still retreat completely, and from now on, you can occupy an active position in any market, without letting the market exploit you! Always avoid the occurrence of significant losses, and when the opportunity you are waiting for truly arises, you will be able to rise up against the wind.
　　
He Qin (guidance)VLetter:hq99937）National registered gold analyst and professional investor