Ying Wanru:3month24US economic data performs well, with the US dollar rebounding and gold falling under pressure. Analysis of future market trends

Ying Wanru:3month24US economic data performs well, with the US dollar reboundinggoldAnalysis of the market situation after pressure and decline

Yesterday(3month23day)International spot gold is touching3The highest point since the beginning of the month1253.12dollar/Starting to decline after ounces, trading now at1244dollar/Near the ounce, stop it6Continuously rising in the positive trend. Tracing back to the source, gold was suppressed due to the bright economic data released by the United States on the same day supporting a slight rebound in the US dollar. Yesterday, Yellen's speech, which was closely watched by the public, did not comment on monetary policy. The healthcare reform bill proposed by Republicans in the US House of Representatives has also been postponed for voting. The senior Republican assistant in the House of Representatives stated that the House will only hold a procedural vote on Thursday and plans to hold a full vote on Friday. Yingwan Ru Weixin:js6486Tell you that the market is born in despair Developing in a state of half belief and half doubt Destroy in the midst of hope As soon as you wash it, it will come out, as soon as it comes out, it will rise, and as soon as it rises, it will catch up!One set is urgent, one cut is urgent, one cut is explosive, one blow is foolish!In fact, stock trading is about mentality, not being greedy or afraid!There are no unprofitable stocks in the stock market, only unprofitable operations!

Looking back at yesterday's gold trend, the Asian market opened early at1248.85dollar/After a slight decline in ounces1245dollar/Consolidating around ounces, then rebounding from low and slowly rising, but still trading in1250dollar/Below the ounce level. After the opening of the European market, the gold price maintained its previous slight upward trend, but then suddenly burst into bullish positions, causing the gold price to rise by approximately in the short term5USD, Breakthrough1250dollar/Ounce level, breaking the daily high to1253.12dollar/Ounces. However, the good times did not last long. After the US market opened, bears fought back with all their might, and gold prices plummeted sharply from high levels10USD, falling below1250dollar/At the ounce level, the daily low is set to1242.34dollar/Implied, then bottomed out and rebounded, slightly rising, and finally closed in a narrow range of fluctuations1245.62dollar/ounce.

From the current trend of gold,1250Still an important hurdle for the upward trend of gold prices, if we can effectively stand on it1250On the first line, the upward potential for gold prices will further open up, which is highly likely based solely on current fundamentals. On the one hand, the uncertainty surrounding the implementation of US President Trump's policies continues to put pressure on the US dollar. On the other hand, the UK's exit from Europe and European elections will trigger significant market uncertainty, and risk aversion may further intensify. In addition, the market expects that the Federal Reserve will not aggressively raise interest rates, which could potentially boost gold prices. In summary, the author still suggests a pullback and a long position in the future operation of gold, with preliminary support below1242Take a closer look1230First line, upper resistance level at first glance1250On the front line, take a closer look1260Nearby. Callback within the day to1242Can be light and buy more, stop loss3US dollars, look at the target1248Near.

The stock market is a pit of dissatisfaction, especially in weak markets. If you don't have good news channels and strong skills, don't operate blindly. Buy once, set once, set once, cut once!How many times can your money withstand such turmoil?authority:js6486Leave professional matters to professional people to help you. Don't think of practicing martial arts only when you are disabled by beating, don't think of seeking help only when you are completely defeated, and make up for it as soon as possible!