Zhou Wangjin:5.10Analysis of the Trend of Gold Market Price and International Gold Strategy

A new day, a new beginning! New week, new opportunities! The investment path is not smooth, my writing is not flashy, but it is very sincere. As you can see in my article, this is a kind of fate. I believe in fate, and fate makes us meet and know each other. Every fate should be cherished. The people and carriers we meet are different, and the results will be different! Choice is more important than effort! Choice is greater than effort, and today's choice may be tomorrow's turning point! At the right time, with the right people, and doing the right thing, this is the secret of successful investment. Cooperation is only the starting point, and service has no end!Now, Teacher Zhou Wangjin will briefly analyze it for everyonegoldToday's basic market situation.

Interpretation of the Basic News of Gold:

Friday(5month7day)Published by the United States4The monthly non farm payrolls were unexpectedly far less than expected, accelerating the decline of the yield of the US dollar and US treasury bond bonds, and the spot gold rose by nearly1%, set a record for last year11The largest weekly increase since the beginning of the month.

On Friday, spot gold closed1830.78dollar/Ounces, up16.22USD or0.89%Touched at one point in the session2month11The highest level since the beginning of the day1843.26dollar/Ounces. Last week, spot gold accumulated an increase62.06USD or3.51%, become2020year11The best week since the beginning of the month.

Data shows that the non farm employment population in the United States only increased last month26.6Ten thousand people, far below expectations100After the economic reopening, employers may be disappointed with labor shortages. According to reports, this is the second largest gap between estimated employment data and actual data.

Some analysts point out that gold not only benefits from disappointing overall data, but also from accumulating inflationary pressures that will drive up prices. The report pointed out a significant increase in wages.

The report states that the average hourly wage increased last month21Cents, up to30.17USD, with an increase of0.7%. Economists originally expected4There will be no change in monthly salary. this year3The monthly salary has increased compared to the same period last year0.3%。

Except for the disappointing4Monthly data, report has also been revised3Data for the month. Last month's employment data has been revised to77Ten thousand, less than the initial estimate14.6Ten thousand.2The employment data for the month has been revised to53.6Ten thousand, while the previous estimate was46.8Ten thousand.

The report states that:After these revisions,2Month and3The total employment volume for the month has decreased compared to the previously announced figures7.8Ten thousand people

This week's focus is on:

Most macro data will be concentrated in the second half of this week, and the United States will release it on WednesdayCPIThe number of initial claims for unemployment benefits andPPIRetail sales and industrial production data will be released this Friday. The market will closely monitor this Wednesday's inflation data to understand how price pressure is developing. Due to the Federal Reserve's insistence that any expected inflation in the United States this year will be temporary, the surge in prices will continue the debate about inflation.

Today's gold market analysis and operation reference:

Gold: From Week to WeekKOn the line, the support below the gold price is stable, and bulls have been able to stop in recent weeks8The decline since the beginning of the month is expected to usher in a wave of rebound. Preliminary resistance above50%Retreat position1763Nearby. A long-term upward trend line is particularly important. If trading above this line can continue, the long-term market is expected to experience a reversal

Strong Breakthrough in Daily Gold Price1800The checkpoint has injected strong confidence into gold bulls, and the bullish sentiment in the future will continue. Bulls need to be cautious of the emergence of overbought and deviant signals, which will limit the further upward trend of gold prices in the future. However, at present, there should still be further room for gold prices to rise. Especially with the recent unanimous release of dove signals by Federal Reserve officials, the market has once again confirmed that the Federal Reserve will not take early action,10The yield of one-year US Treasury bonds continues to remain at1.6%Below, this provides more opportunities for gold prices to rise. On the upward side, initial resistance concerns1837This is1451-2075section38.2%Withdrawal level, further attention61.8%Retreat position1851as well as1month29Daily high1875. In terms of the downward trend, preliminary support is expected1800At the checkpoint, this level has shifted from the original resistance level to an important support level, further looking towards38.2%Retreat position1784Go further down11month30Daily low1764Will provide some support. At present, if you have low short orders and high multiple orders on hand and do not know how to handle them, or if you have suffered serious losses recently, please follow Wangjin personally and seek help from the teacher. I will take the time to give everyone the greatest help.

Gold opened and fell1812Nearby, explore the bullish trend of adding non agricultural data to the rebound, and explore the bullish trend of gold rebound1843Nearby, obstructed and falling down to explore1825Nearby, explore on the rebound1841Nearby, closing1830Nearby, gold1841Empty Look1830and1820Nearby, steady1875Empty Look1860and1820Nearby, or1806Look more1815and1840Nearby, steady1788Look more1798and1820Nearby, please refer to the real-time location for specific orders

Overall, rebound short selling is the main trend, but attention should be paid to the top1851Resistance, attention from below1800nearby

Today's gold operation suggestions:

　　1Suggest using1849-1851Consider short selling and stop loss nearby5US dollars, look at the target1838-1810Near USD;

　　2Suggest using1822-1824Consider going long and stopping losses nearby5US dollars, look at the target1835-1868Near USD

If you are at a loss, unable to grasp the market, unable to find direction, and don't know what to do, come to me. Regarding today's strategy, Zhou Wangjin has already announced it in the Pengyou circle, and every day he provides analysis and operational directions for the Asian, European, and US market in the Pengyou circle. They are all free, and you can first add your own understanding. If you recognize the teacher's ability, follow the instructions. If you have any questions, you can communicate together. Perhaps a sentence from Wang Jin can make you suddenly enlightened. Zhou Wang Jin suggests that you bring your order with you. As long as I find Zhou Wangjin, I will definitely use the most suitable method to solve your problem and assist you in getting out. Do you want to recover your losses? So give yourself a chance now, let's start with fate and not let it die. Full day guidance time: morning7:00In the early morning of the next day2:00 We never stop on weekends and can consult at any time.

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.

Zhou Wangjin/Wen (WeChat:zwj467）

Currently, there are concerns about gold, silvercrude oilFriends who are interested in investing in precious metals, have just entered the gold market, have suffered severe capital shrinkage, and have poor returns can come to me. You can add Teacher Zhou, and I will provide you with a reasonable operation plan based on your entry point and fund size. Since I don't know where your position is located, I am unable to provide a corresponding strategy. I suggest bringing your single position to Teacher Zhou, and I will do my best to solve the problem for you