Dingman:7month28Analysis and operational suggestions on the morning market of Japanese international gold

Dingman:7month28Japan InternationalgoldMorning market analysis and operational suggestions




Because of trust, persist; Because of professionalism, pragmatic
                                  ——Dingman (buckle:351-733-4089）


Message analysis:




Watching the Federal Reserve's resolution gradually being digested by the market, coupled with strong US economic data boosting the rebound of the US dollar, international spot gold fell from its high yesterday. The durable goods orders and initial application data that the market was concerned about performed well, while the performance of commodity trade accounts and wholesale inventory data was also better than expected, all of which exerted pressure on gold prices.




U.S.A6Monthly durable goods orders month on month initial value6.5%, for2014year7New high since the beginning of the month, expected3.7%. Analysis indicates that durable goods orders have hit a record high2014year7The largest increase since the beginning of the month is mainly due to a significant increase in aircraft orders.6The slowdown in the growth rate of monthly core durable goods orders indicates that despite steady growth in the US economy. United States7month22Number of people applying for unemployment benefits for the first time in the current week24.4Ten thousand, expected24Ten thousand. Analysis suggests that this data is still the third in a row125Weekly Below30The threshold of ten thousand is20century70The longest number of weeks since the era, data shows that the labor market continues to tighten, and the job market is approaching a fully sustainable level.




Traders continue to digest Wednesday's Federal Reserve resolution. Federal Reserve7The monthly resolution statement shows that the Federal Reserve will soon reduce its balance sheet. In its currency statement released on Wednesday, the Federal Reserve stated that it will "relatively quickly" begin to shrink its balance sheet, while in contrast, the bank6month**The wording used in the statement issued after the meeting is "this year". The Federal Reserve appears to have weakened confidence in rising inflation, stating that it expects to begin reducing its holdings of large amounts of bonds in a relatively short period of time, indicating its confidence in the US economy.





Technical analysis:


The hourly line, the trend of gold prices yesterday will definitely leave many investors with doubts. The opening of the US market also saw a strong surge of gold prices breaking through the intraday high, but then only hit the intraday high1265After the high point, the upward trend stopped, followed by a late night decline. In terms of momentum, the correction was still too strong, and the gold price directly broke through the level1260Short term support, followed by breakthroughs given within the day1257Multiple entry points, hitting the lowest point1254Above and then pulled back again, so yesterday's bottoming out rebound is also another opportunity for multiple orders to enter the market, almost stopping losses and being eliminated. Fortunately, the stable trend will be maintained overnight1260After being close, the price of gold has eased, and currently, gold is also operating on the middle and lower tracks of the Bollinger BeltMA5andMA10The moving average is also a sticky and flat performance, and in the short term, the three track oscillation performance is observed at the hourly level.


On the daily chart, the price of gold surged and retreated, ultimately recording a small bearish cross star, and this week's high once again refreshed to1265On the front line, then yesterday's pullback in terms of technical mentality is only a continuation of the breakthroughMA5After the moving average supports a rebound, from a trend perspective, bulls are still the main trend, and the correction of pullback in the upward momentum is also common sense. However, in the upward trend, the market is not so smooth. In the current marketMA5andMA10The strength of the golden cross remains strong, with accompanyingMACDThe indicator in the attached figure is also a manifestation of a golden cross rising, with the green energy column slowly increasing in volume. Therefore, in the day, the author Ding Man
(Deduction:351-733-4089）Believing that gold is still a strong upward trend, with a pullback and a decrease being the main theme, short-term attention and support are neededMA5And yesterday's low point is sufficient.




Intraday trading strategy for spot gold:
                     （V：chz-0905 Verify Ding Man)
1Below1257、1254Multiple entry targets1265, breaking through1270; Stop loss position3Points.


2Empty order strategy, not yet available, actual offer will be made at that time (Jun-Sheep:218-692-370）