Xu Jingzhong:7.27Analysis of Real time Operation Strategies for London Gold Prices

goldMessage surface:

Dollar bulls who hope the Federal Reserve will become the "savior" are undoubtedly disappointed. The Federal Reserve held its ground as scheduled after Wednesday's meeting, but the wording of its statement after the meeting was not as hawkish as some market participants had expected, leading to a sharp drop in the US dollar index after the resolution was issued. In Deutsche Bank's view, the Federal Reserve has become the biggest "trouble" for the US dollar right now. In addition, financial market experts have warned that the Federal Reserve may be forced to abandon its hawkish style in the future, which could lead to a collapse of the US dollar in the next year or so.

Gold Market Analysis:

Yesterday, gold continued to revolve around the topic of the Federal Reserve raising interest rates. The volatile downward trend in the Asian session continued Tuesday's downward trend, and the continuation of the bearish trend was also expected; Before the opening of the European market, amidst numerous bullish news, gold began to switch between long and short positions. Against the backdrop of an exceptionally strong bearish trend, the bullish trend slowly emerged, step by step opening the path of bullish positions in the European and American markets. The skyrocketing path of gold prices has begun. Prior to the Federal Reserve meeting, the price of gold gradually fluctuated upwards, which seems to indicate the future trend of gold. After the Federal Reserve announced that interest rates would remain unchanged, gold began to rocket up and charge straight1263.7Near the area, it was under pressure and eventually1260.5Nearby closing, the daily chart ends with two consecutive bearish days.

Analysis of Gold Technology:

Returning to the technical side, from a daily perspective, the opening of the Bollinger Bands is slightly upward,KThe line runs between the upper and middle tracks of the Bollinger Belt, and the moving average runs in adhesive mode,KDJThree lines glued downwards,MACDThe opening of the fast and slow lines starts to contract upwards, the red energy bar increases, and the bullish trend weakens; From the four hour line, the opening of the Bollinger Bands diverges upwards,KThe line runs between the upper and middle tracks of the Bollinger Belt, and the moving average runs in adhesive mode,KDJThree line golden cross upwards,MACDThe turn of the fast and slow lines is glued upwards, reducing the green energy column and weakening the bearish trend; From the hour line, the opening of the Bollinger Bands diverges downwards,KThe line runs through the upper rail, and the turning point of the moving average runs upwards with adhesive,KDJThree line bonding downwards,MACDThe opening of the fast and slow lines diverges upwards, with an increase in the red energy column and a strong multi European trend; Overall, the current bullish trend is exceptionally strong, and it is recommended to focus on a pullback in the short term and make a long position in the long term.

Gold operation suggestions:

1Callback1257-58Nearby, stop loss1254, Objective1265-66

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