Zhou Wangjin:4.28Is gold about to break through? The Federal Reserve's interest rate minutes can help bears welcome...

The rapid transition between long and short positions in the investment market always catches us off guard. In the face of fierce market fluctuations, we must understand how to adjust our strategies in a timely manner. War is unpredictable, and water is unpredictable. Only by taking advantage of the situation can we be adept and stand undefeated. Life requires a good mindset. The progress and quality of life sometimes depend on our mindset. Effort is a result, and giving up is also a result. Just different moods have different outcomes, your smiling sky is blue, and your crying sky is cloudy. Learning to invest requires a good mindset. To live a good life, you need a good mindset, which determines the success or failure of your investment.

Fundamental bullish news:

1： United States4The Consumer Confidence Index of the Monthly Consultation Chamber recorded121.7Last year2A new high since the beginning of the month. As the US economy continues to recover from the COVID-19 pandemic,goldIt will continue to be an important inflation hedging tool.

2： According to the latest data released by the Indian Ministry of Health, in the past24New confirmed cases of COVID-19 in India within hours323144For example, cumulative confirmed cases17636307Example:; New deaths2771For example, cumulative deaths197894Example:. The data shows that this has been the sixth consecutive day in which India has maintained a single day of new confirmed cases30More than ten thousand cases. The continued spread of the epidemic may help boost the safe haven demand for gold.

Fundamental bearish news:

1： United States10Yields of one-year treasury bond bonds rose5Bps to1.625%. The rise in US bond yields has reduced the attractiveness of gold.

2： US dollar index closed90.87Slight increase0.03%The highest touch in the plate91.07, lowest touch90.81. The rise of the US dollar has put pressure on gold denominated in US dollars.

Biden will unveil a large-scale tax hike plan on Wednesday, and Republican lawmakers are likely to collectively oppose it. The White House may also face challenges from Democratic lawmakers. The biggest event risk this week will be early Thursday morning02:00Federal Open Market Committee of the United States(FOMC)The interest rate resolution will be announced; Secondly02:30Federal Reserve Chairman Powell will hold a press conference.

　　4.28Analysis of gold market trend:

Technical analysis of gold: Starting from Monday, spot gold has maintained a sideways consolidation trend for two consecutive days1784-69Regional volatility, combined with the trend of two consecutive days, saw a short-term breakthrough in the US market on Monday1770But he never returned afterwards1770Below, it indicates that bears lack continuity. The trend of the past two days has shown a fluctuating upward trend, with the low point continuously rising and the rebound high point continuously leveling up, which is a right angle triangle adjustment pattern. The current market trend this week is still based on the technical aspect, and gold is currently classified as a commodity1798The decline after the triple peak, in the short term1770The sideways oscillation after gaining support in position belongs to consolidation after a decline, weak oscillation, and a long-term decline is inevitable!

Gold continued to maintain a narrow range of volatility overnight, but still did not break through1785Under pressure, gold has maintained a two-day sideways trend at its current position, which is also a signal of another reversal! And above1785Multiple tests have failed to break through, and it's only a matter of time before bears fall and break through! Thursday morning is the Federal Reserve's interest rate decision, and big data usually responds in advance! And the current narrow range oscillation of gold is also poised to take off! On the daily chart, gold prices have risen and fallen for several consecutive trading days, with the rebound high continuously moving downwards, and will continue to bear sustained pressure in the short term. Wangjin predicts that gold will continue to grow within the day1783-1768The region continues to experience small fluctuations and sideways movements,1784It's a daily chart5The daily moving average resistance level is also a small high point position with multiple top to bottom transitions.1768similarly10The support level of the daily moving average is also a small low point position with multiple top to bottom transitions. So, let's focus on the price first1783-1768The trend of small fluctuations in the market is sideways. Large range resistance still remains a concern1800Support is about focusing on1745-1740Interval. The US dollar index is currently in a supportive position, tending to stabilize and pull up, while gold remains unbreakable1800It tends to oscillate and build a roof, so short-term operations in this range can be high selling and low slag.

　　4.28Reference for Golden Operation Strategy:

Multiple order strategy:

Gold Callback1766-1768Long nearby, stop loss5Points, target1775-1780Nearby, break down and take a look1785frontline;

Empty order strategy:

Gold rebound1780-1783Short nearby, stop loss5Points, target1775-1770Nearby, break down and take a look1768frontline;

When people are doing things, they are watching. When the order arrives, they are doing it. When the order is not reached, they are watching. It takes courage to make orders, and confidence to hold orders! Do not expect to buy from bottom to top again, sell from top to bottom, quit greed and panic, and obtain profits that can be obtained; Treat every fluctuation of the market with a calm mind, avoid greed and panic, and do not seek to become a top seller and bottom buyer. Just take advantage of the situation, make steady profits, and be safe in your pocket! Those who are worried continue to be afraid, and those who make money continue to make money. Any current situation is a test of our psychological quality, and any market is also following the laws of nature;Survival of the fittest survive, the fittest survive. One thinks, two does, three succeeds, one waits, two sees, three fails. Thinking is the problem, doing is the answer; Lose in hesitation, win in action!This is the market! Do the right thing with the right person, believe me, please keep up with me.

Author's message: The true essence of trading lies in simplicity and tastelessness. The market is cruel, and readers are all teachers with their own strengths.

This article was written by Zhou Wangjin. Due to the delay in online audit push, the above content is personal advice and does not constitute specific operations. The suggestions are for reference only, and any profit or loss will be borne by oneself. Investment carries risks and caution is required when entering the market.