Zhou Zhejin: Why did gold first rise and then fall when it was initially bearish?7.28Gold Operation Strategy with Empty Orders Unset

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Article outline:1.Initial request for LidogoldWhy did it fall first and then rise?2.7.28Gold technology analysis and operational recommendations,3.crude oilWhat to do with the gold long and short single duvet cover?

Market Review:
Thursday(7month28day)According to data released by the US Department of Labor, the United States7month23The number of initial claims for unemployment benefits in the current week is26.6Ten thousand people, slightly higher than expected, but still in30Below the crucial checkpoint. Spot gold plummeted by tens of dollars after short-term gains, stabilizing in the short term1257Nearby. Zhou Zhejin's high-altitude suggestion given in the evening was once again profitable and eliminated.


Why did the initial request for bullish gold first fall and then rise
1Due toFEDThe statement is biased towards the pigeon, and the market's expectation of interest rate hikes is insufficient. Gold has already gone through a sharp rise on Thursday morning, and the inability to rise has led to a short-term technical retreat.


2The strong US dollar rebound in durable goods data has led to a decline in gold under pressure.


3Technically speaking, gold broke through yesterday1260After the checkpoint failed to stabilize, gold fell in response to pressure from data and the US dollar.

In summary, Zhou Zhejin believes that the depth of gold's first decline and then rise on Thursday nightVThe market situation is not unreasonable. But Zhou Zhejin believes that the brief decline is only the recent increase in excessive gold, and in the later trend direction, Zhou Zhejin believes that the trend of gold will be further stretched due to the insufficient momentum of the Federal Reserve's interest rate hike.


7.28Analysis of Gold Technology and Operational Suggestions
Gold has recently hit the Bollinger Bands and shown a pullback. On Wednesday, it1250The lower part continued to fluctuate, but was affected by the news on Thursday morning, resulting inMACDas well asKDJDouble inverted upwards, now in1260Maintain oscillation,KThe current scene of a golden cross in the line is slightly enhanced by the red kinetic energy column; Opening up for four hours, the price of gold has been consistently on the Bollinger Bands with signs of breaking, and there has been a significant upward trend among bulls, as shown in the attached imageMACDThe formation of a double line shows an upward trend of intersection, with the kinetic energy column changing from green to red,KDJandRSIThe policy is upward, and in summary, gold will still have an upward trend today. However, considering the impact of news, can gold stabilize today1265Very important. From Thursday's market situation, gold broke through on Thursday1260Unable to stabilize after the checkpoint, but the highest price1264.99Still above yesterday's high, the upward momentum has not yet dissipated, so Zhou Zhejin is still bullish on gold on Friday.


Operation suggestions:
Strategy 1: (Multiple Order Strategy) It is recommended that gold slightly decline to1257Multiple orders entering nearby, stop loss can be placed at Thursday's low point1254Nearby, if the gold continues to break up1265Reduce the position and continue to hold, with the goal of1270upper.


Strategy 2: (Multiple Order Strategy) If gold is in the1265If the nearby area is blocked again and falls back, multiple orders will profit and be eliminated, leading to a further pullback in the market1260Nearby, you can enter the market again for multiple orders, with the stop loss position unchanged and the target above still visible1270frontline.


Strategy 3: (Multiple order strategy) The market fluctuates greatly during the trading day. If you cannot grasp the position, you can find real-time guidance from Zhou Zhejin.


What to do with the long short single quilt cover of crude oil and gold?
1Gold bedding1255Nearby empty orders (mild duvet covers) are mostly caused by the last round of gold chasing short on Thursday, but the position of the duvet cover is not deep. Zhou Zhejin suggests a pullback for gold1260-1257Stop loss in batches and exit.

2Gold bedding1250The short orders below (moderately covered) were either laid out or not exited before yesterday's Federal Reserve interest rate decision, and are currently covered10Around the US dollar, Zhou Zhejin suggests not opposing the market and taking advantage of the situation. The exit point should still be taken as a reference1257Important support levels and short-term high points1265Zhou Zhejin reminds investors who are trapped to keep their green mountains, not afraid of burning firewood, and not to lose big things for the sake of small things.


3Gold bedding1240Short positions below (heavy deep positions) are constantly betting against the market. If such investors do not have a large amount of funds, they must have locked their positions early. Therefore, in response to the locked position market, Zhou Zhejin has two solutions: one is to give back gold1257Nearby short positions are cut out, while long positions continue to be held. Secondly, they will continue to lock in positions and consider unwinding when the market further rises to important resistance levels. Zhou Zhejin tends to adopt the first approach of resolving the situation. Zhou Zhejin reminds investors not to hastily lock up positions. Locking up positions is a disguised stop loss. If you turn around after a stop loss, you can gradually recover the loss. If you lock up positions, all profits have nothing to do with you.


Message from Zhou Zhejin:
Your mindset determines how long you will go on the investment path, and whether you will learn with me or not is your choice, without any loss to me. For you, it is a great opportunity to overcome the sea of losses. The bridge has been built, and whether to cross the river or not depends on your choice.
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