Dingsheng Jinshi:8.1Today's gold trend analysis, bulls are poised for non agricultural stimulus fears...

What are the recent news impactsgoldTrend? Where will gold go?


Monday(8month1day)In the early trading session of the Asian market, spot gold remained strong, currently located at1765dollar/Around ounces; Last week, gold prices surged nearly40USD. Spot silver is currently located in20.20dollar/Around ounces. USD trading105.88Nearby, after a series of mixed economic data releases last week, investors' concerns about economic recession temporarily outweighed their concerns about inflation; Rising demand for risk aversion boosted gold's rise last week, hitting its highest intraday level1767.82dollar/ounce. Spot gold closed sharply higher39.01USD, increase2.26%Set a new high in nearly a month; About1768.00dollar/After a three week high of ounces, gold started trading sideways, but there is still reason for gold to rise. Gold bulls are targeting again this week1800The price may be adjusted simultaneously in US dollars, but the technical side is beneficial for bulls. meet8At the beginning of the month, a new week, a new month, bulls still control the opening. Precious metals benefit from the lower yield environment and the weakening of the US dollar, making them a safe haven for those seeking assets outside of the US dollar. Follow the United States within the day7monthISMmanufacturingPMIData disclosure. If the US manufacturing industryPMINot as expected, this will hit the trend of the US dollar, thereby driving up gold prices.


Last week, bullish gold achieved a major outbreak, and the weekly increase in gold prices reached nearly40USD. Federal Reserve Chairman Powell made doveish remarks after raising interest rates this week, coupled with the United StatesGDPThe unexpected contraction of data has led to a significant decline in the US dollar, thereby stimulating a surge in gold prices. This week, investors will welcome the US non farm payrolls report, which is expected to reignite the gold market. But Powell also pointed out that the Federal Reserve will determine the magnitude of future interest rate hikes based on upcoming economic data, and as interest rates become tighter, slowing down the pace of interest rate hikes may be appropriate. This week, there will be a US non farm employment report, which is expected to confirm a slowdown in the economy and significant fluctuations in the gold market. Investors should pay attention to risk control and management.


　　8.1Analysis of the latest trend of gold today and interpretation of operational strategies:


Technically, the gold rally has not yet been completed, and in the medium term, it has risen to1768No top seen, the perimeter is connected to the sun at the bottom, not yet touched10The daily unilateral moving average suppresses the point, so there is still room for improvement. Let's take a look before the non agricultural data1780The high gains and losses of this month's non agricultural data may once again affect gold's exit from the bullish market, which is expected to be visible1800，1830Two high points, therefore, there is plenty of room above during the week, so trading needs to take advantage of the trend and go long. Don't try to guess the top at the middle of the band. In the daily cycle, for the time being, gold bullion may close, but temporary closing is not a reason for short selling. Without a negative top, there is no possibility of a top shape. Therefore, trading still needs to take advantage of the trend and pay attention to the high position of the daily line first60Daily moving average position1800Nearby. Stand firm from gold1750Above, it shows an extremely strong state, with a small periodH4The unilateral trend is very obvious,kThe line is completely closed above the unilateral moving average, and the small cycle is also very strong. Therefore, the operation needs to be more aggressive, and the focus should be on the day1756Support point, European market appears at a high point, while US market continues to increase.


Specific operational strategies for gold:


① At the beginning of the week, radical action can be withdrawn1760-57Try another wave of light and short positions in the region, with a stop loss1755, look at the goal1763-65The region should first change to breakeven and stop loss, and measure pressure1767-70Reduce regional positions and retain some orders to see if pressure can be measured1775-80Perform final reduction in the area.


② If the market falls back at the beginning of the week1757The following oscillations, then pay more attention below1752-50Support the competition nearby, and then consider short and multiple attempts based on the actual situation.


③ If there is a rebound in the market at the beginning of the week, the upper pressure will be measured to1770、1780When there is resistance in the vicinity, aggressive individuals can try to short the market, and the specific strategy needs to be adjusted according to the actual situation.


Serve as an analyst and commentator for well-known financial channels such as "Golden Net" and "Globalforeign exchange》Professional contributors to several well-known financial forums such as Huitong.com and Zhongjin.com, specializing in goldcrude oilSilver operates in the short, medium, and long term, with investment risks. It is recommended to be cautious when entering the market, and this is for reference only; This article is original by Dingsheng Jinshi, who carefully writes every analysis and conveys valuable investment concepts. If there is any similarity, it is purely plagiarism. Readers should be discerning and respect originality!