Yu Yue on Jin:10.20Analysis of Gold and Silver Market Trends and Operational Strategies, New Strategies...

goods in stockgoldMarket trend analysis

1、 Fundamentals:



The latest brown book released by the Federal Reserve shows that the US economy is10At the beginning of the month, there was a "mild" expansion, although it remained stable in some regions and declined in several other regions. The report shows that companies are becoming increasingly pessimistic about the outlook. In terms of the labor market, Brown Book believes that although difficulties in recruiting and retaining employees have eased in half of the regions, the overall labor market situation in the United States remains tense. In terms of inflation, Brown Book believes that despite some slowdown in several regions, inflation growth remains high. According to data released by the US Department of Labor last week, the United States9Monthly CoreCPIYear-on-year increase6.6%Far above the Federal Reserve's inflation control target2%Horizontal. This has increased people's concerns about the Federal Reserve's role in11The fourth consecutive interest rate hike at the monthly meeting75Expectations of basis points.



The United States announced overnight9Annual record of total monthly construction of new houses143.910000 households, lower than expected147.510000 households, lower than the previous value156.6Ten thousand households. The data shows that the total number of new housing starts in the United States has decreased, and investors are concerned about the prospects of the US real estate market. However, the subsequent announcement of the US9Total monthly construction permits recorded156.410000 households, higher than expected15310000 households, higher than the previous value154.2Ten thousand households, this data dispels market concerns about the US real estate market, as the number of construction permits obtained by real estate developers has increased, indicating that the US real estate market will remain active in the future. After the data was released, the price of gold continued to decline.

2、 Technical aspect:

Gold（GOLD1000）:



From gold1Looking at the hourly cycle chart, the price has fallen below1640.0Then quickly descended to1625.0Nearby, causing a panic drop in the market. As of the current Asian session, price report1625.3. From the perspective of the moving average system, prices are1hourMA30The price continues to decline below, with the moving average moving downwards, indicating that the current price is in a downward trend. fromKFrom a linear perspective, the price continues to hit a new low, breaking the narrow consolidation range in the previous period, indicating that the price is in a unilateral downward trend. fromMACDIn terms of indicators, the bearish energy column below the zero axis is contracting, with bullish signs of a golden cross, indicating short-term oversold and rebound demand. In terms of operation, it is recommended to try a light position layout for short positions.



Intraday trading strategy:



Empty order:1634.3Attempt to short and stop loss nearby1639.3, Objective1628.3、1614.5Near.



From silver1Looking at the hourly cycle chart, the price is currently continuing to be weak. As of the current Asian session, the price report18.31. From the perspective of the moving average system, prices are1hourMA30The price continues to decline below, with the moving average moving downwards, indicating that the current price is in a downward trend. fromKFrom a linear perspective, since the opening of this week, the high and low points of prices have slightly decreased in sequence, and yesterday's slight unilateral decline broke the narrow consolidation range in the previous period. It is expected that prices will continue to decline. fromMACDIn terms of technical indicators, there is a dead cross signal above the zero axis, and it is expected to continue a downward trend. In terms of operation, it is recommended to try a light warehouse layout with empty orders.



Intraday trading strategy:



Empty order:18.41Attempt to short and stop loss nearby18.61, Objective18.10、17.85Near.