2.8Today's recommended operating range for gold is mainly volatile, with goldTDAnalysis of the latest price fluctuations

　　goldNews analysis: US Treasury Secretary Yellen last Sunday(2month7day)Says that if the United States implements a sufficiently strong rescue plan, the economy will2022The restoration of full employment in the year may lead to a significant slowdown in the pace of employment and economic rebound. Yellen's speech provides confidence for bullish gold bulls, as there are still opportunities for gold prices to rise in the medium to long term, regardless of whether the new US President withdraws from the new stimulus plan.

On the one hand, Biden's new stimulus plan made significant progress last week, and the House of Representatives made significant progress last Friday(2month5day)A budget resolution has been approved, allowing Democrats to push the aid plan through Congress in the coming weeks without Republican support. Obviously, the new round of aid plans is a new round of "water release", which will increase the pressure on capital depreciation and increase the attractiveness of gold.

On the other hand, the final legislation for the new round of stimulus plans still needs to be finalized before3month15A few days ago, it was passed in Congress. If it dies prematurely due to some unexpected factors, according to Yellen's statement, the pace of employment and economic rebound in the United States will greatly slow down, and it will also increase the attractiveness of gold.

　　foreign exchangeMarket: As US bond yields continue to rise, the US dollar has risen for consecutive trading days and reached its highest level since the beginning of this year91.60On Friday, the latest non-agricultural employment data suggested that some traders may overestimate the strength of the US recovery from the COVID-19 pandemic, triggering a wave of decline in the US dollar, which eventually ended at91Gateway. Euro/After a sustained decline in the US dollar, there was a rebound on Friday and it ultimately closed at1.2050Nearby, and on Friday, it achieved its largest daily increase in over two months. pound/The US dollar as a whole remained high and volatile, ultimately closing at1.3730This week, the Bank of England's resolution released the latest signal of negative interest rates

Gold only slightly rose on Monday and then continued to decline. It closed down for four consecutive trading days this week, and on Thursday, it saw a sharp sell-off, breaking through1800The US dollar barrier hit its lowest point1784Last year12month1The lowest level since the beginning of the day. On Friday, after the US dollar fell and the unexpected non farm suppression of the US dollar, spot gold returned1800Above the US dollar. Throughout the week, gold prices have fallen1.9%, for1month8The largest weekly decline since the end of the week is partly due to the rise in US Treasury yields. Spot silver fluctuated in a shocking manner, breaking through at one point30The US dollar level, ultimately settled at26.90dollar/Ounces; Boosted by the prospects of economic recovery and supply restrictions from oil producing countries, oil prices have risen to per barrel60The US dollar has reached its highest level in a year.

Summary of this week's market trend: This week's market has changed from1875The position has dropped to the lowest point along the way1785Market fluctuations90USD space and approaching early lows1764Nearby. Subsequently, from1785The rebound pulled up, reaching1811, running26The fluctuation of the US dollar has risen. Market breaking1800The price has broken the bearish trend and shifted to more volatile; But the market failed to break through1818-1820The band bulls have not yet been established, and prices are highly likely to remain volatile and sideways. Short term support in the market1790Nearby, yes1785Conduct a pullback and low point support to pull up; The resistance above is1818Location is the point at which the hourly line changes from top to bottom during the price decline process. Focus on1795-90Support1818-1820Resistance. As long as the market does not break through the support and resistance range, do not chase up or sell down. Focus on whether the market can break through1818After breaking through, look for opportunities to go long and see1830Nearby targets. Unbreakable1818Wait and see for the time being until the market fluctuations become clear. If it falls again, focus on the following1795-1800Long support, stop loss1790Target to see1810-1815Nearby. If accidentally falls below1790Don't rush to chase the short, as the market may experience a reversal trend at any time based on the principle of turning things around at the extreme. In summary, Li Xiaohan suggests that Gold focus on1790-1818The gains and losses of the long range are mainly due to fluctuations if they do not break the range. Data Lido Breakthrough1818Seeking opportunities to chase up and go long without breaking1818Then wait and see; Data is bearish and unbreakable1790Seeking opportunities to buy low and buy multiple orders, falling below1790Then wait and see for the time being.

Technical analysis of gold: This week's trend is in line with expectations, below1784Stabilizing, there was no new low or rise after the second dip last night. Weekly closing with long shadow and negative shadow, mainly with low remaining time next week or this month, with weekly resistance1847and1861The weekly support is not obvious. The daily line closed with a physical positive line yesterday, which is almost the highest closing price, supporting1794This wave of rise618The location of the1802Touch long.4hourkThe line with a strong and spirited Yang line strides forward, continuously piercing resistance levels with the Yang line, cutting iron like mud and stabilizing directly1800One line, crossing1810On the first line, there are obvious signs of turning points on the Bollinger Belt track, tilting upwards directly. The Bollinger Belt middle track is clearly unable to hold down the big positive line, and the long end is unstoppable,50The downward tilt of the moving average has significantly slowed down, and the pullback continues to increase.1hourkThe line is located above the middle rail of the Bollinger Belt, with strong support from the middle rail, directly supporting itkUpward on the line, while stabilizing above the mid track, there are obvious signs of turning on the Bollinger Belt track, with a downward tilt being forcefully twisted into an upward tilt. The bulls are firm, and the bottom positive line stops the decline and retreats1790Many. In summary, Li Xiaohan suggests that the main focus should be on range fluctuations,1790Low much,1820High altitude.

This article is written by Li Xiaohanlxhq281Original submission