Jinrong China: Gold resigns to welcome the new year with limited volatility today, waiting for next week's New Year...

Fundamentals:

Wednesday（12month30day)goldPrice priority1876-1886Shaking, the US market broke through the highest point in the second half of the night and pulled up to1895Nearby, the daily closing line is positive.

Today's data

Technical aspect:

        On the daily chart, the gold daily closing line is currently above the short-term line,5Japan and Japan10The daily moving average runs upwards, while the medium-term line runs flat without direction,MACDRun up,KDJRunning upwards, indicators are bullish.

        On the golden fundamentals, there are signs of a decline in the epidemic, and the launch and administration of vaccines are proceeding in an orderly manner. It is expected that the worst-case scenario will have passed, and the future will gradually rebound from the bottom. Optimistic expectations will continue to rise, unless more viruses mutate and have high transmission and mortality rates, and vaccines have little effect on them. In that case, the situation will be even worse, otherwise it will be difficult to have a worse situation, However, the economic recovery caused by the epidemic is expected to be slower than the recovery from the epidemic, so a relaxed environment is expected to last for a period of time, and new stimulus policies may also emerge in the middle. However, this is already the end of the stimulus. Although it can support the price of gold, it is difficult to imagine2020During the year, it continued to soar, even though2021It is difficult to sustain a situation where there is an initial surge in prices for a long time, and it is easy to peak afterwards.

        Most of the time, the golden daily is around1876-1886The range fluctuated and fluctuated, and the US market broke through in the latter half of the night before rising all the way up1895Nearby1900There will be significant pressure in the vicinity, even though there was a rally yesterday, a large amount of funds will still choose to rearrange after New Year's Day, which is next week. Before New Year's Day, it should be a wait-and-see period, so it is difficult to have a major breakthrough and a sustained trend. Therefore, trading will still be conducted on a volatile basis today. Today, the upper level will pay attention to it1900- 1906Pressure, following below1875-1870Support, try short and long at the pressure level, do not chase gains or sell losses.(Band Midline Trading Opportunity Reminder: Observing)

        4The hourly rebound is pulling up, currently running above the short-term line, with the short-term line moving upwards and the medium-term line moving upwards,MACDRun up,KDJRunning upwards, the indicators are bullish. gold4Yesterday, the hour broke through upwards1870-1886Further rebound and uplift between communities, currently impacting1900Gate pressure, pay attention within the day1900-1906Pressure, once obstructed, may still fall significantly. Even if breaking through, do not pursue it too much. After all, New Year's Day is coming and the holiday is coming soon, so it is still stable to wait for next week to see. Therefore, we should treat it with a volatile mindset today and pay attention to it1875-1906Range fluctuations can be achieved by trying to sell high and buy low within the range, rather than chasing gains and killing losses.

pressure1900-1906-1910-1920-1933-1965-2000-2075

brace1885-1875-1870-1855-1820-1800-1765-1700

Spot gold:

1.   1870-1875Long light position, stop loss1868, Objective1880-1886-1895-1900-1906-1920-1933-1965-2000

2.   1885-1886Long light position, stop loss1880, Objective1890-1895-1900-1905-1920-1933-1965-2000

3.   1900-1905Short position and stop loss1908, Objective1890-1880-1870-1855-1820-1800-1765-1700