Ying Wanru:4month6Spot gold is expected to consolidate in the range, while non-agricultural data may indicate the direction for gold prices

Ying Wanru:4month6goods in stockgoldInterrange consolidation waiting, non-agricultural data may indicate direction for gold prices

Yesterday(4month5)Asian morning spot gold opened at1256.10dollar/After oscillating higher in ounces, it recorded an intraday high1257.28dollar/After an ounce, the price of gold plummeted sharply. The bulls in the European market have counterattacked, but as a flash in the pan, gold prices have once again plummeted significantly, appearing to fall freely. US bulls have accumulated strength to launch a counterattack, engaging in fierce battles between long and short positions, recording a intraday low1243.35dollar/After an ounce, the gold price fluctuated upwards, and the bulls suddenly exerted their strength, resulting in intraday tradingVType reversal, with gold prices violently rising in a straight line, reaching a high point and then slightly falling before finally closing in1254.80dollar/Ounces, total intraday decline0.67USD, decline0.05%。

From this week's perspective, gold prices have mainly maintained high volatility, with the upper part1260The first line has become an important resistance level in the stage, and gold prices have broken through this line several times before quickly falling back, but have not been able to effectively stabilize this line. However, considering that the medium-term bulls are still relatively clear, although it is not possible to confirm the breakthrough time, there is still a possibility of another attempt at gold prices. Therefore, in the future, we will mainly focus on pullbacks and long positions in gold. The current Asian morning gold price has fallen after a brief rise1255Trading around the US dollar, we will continue to focus on the top for the day1260First line suppression position, then focus on the lower level1252The support situation on the front line, without the push of major news, there is a high possibility that gold prices will fluctuate within this range. In terms of future operations, the author suggests that investors can adopt a high-altitude, low many strategy within this range. Tomorrow's non-agricultural data is about to hit heavily, and it is expected that gold prices will not fluctuate too much before this data is released. This data is of utmost importance for spot gold, and gold prices are likely to break through with this data in one fell swoop1260The suppression on the front line has begun a new wave of upward trend, but it may also face ruthless suppression and collapse, reminding investors to take it seriously. The author will also plan ahead of non-agricultural data, and investors can pay attention to the analysis of the author's subsequent articles or add the authorVletterjs6486Learn more.

Real day trading strategy for spot gold:

　　1The price of gold1260Short selling nearby, stop loss at1263Above, look at the target1254nearby;

　　2The price of gold1253Long nearby, stop loss at1250Below, look at the target1258Near.

Investment is like tasting tea, with a bitter taste and a sweet aftertaste. The road to success is not crowded, because there are not many people who can persevere to the end. Profit and loss are like riding a roller coaster, with peaks and valleys. On the road of investment, I hope you can find your mentors and friends. Friends who are interested in investment but have no way to start or are already in contact with them, add the author Li Wanxi's designated guidance authorityjs6486Get daily investment profit information,Market trend analysis and trading strategy guidance.