Dingman:8.1International Gold Strongly Rises to Welcome Non Agricultural Issues

Dingman:8.1internationalgoldStrong rise to welcome non-agricultural sectors




The US dollar remains weak, and the growth in China's gold demand exceeds that of goldETFThe decline in holdings and the warming geopolitical situation have provided upward momentum for gold prices, and the market is generally optimistic about the future of gold. Although there is some short-term pullback pressure, gold prices are expected to continue their upward trend before the US dollar stabilizes and rebounds. Friday night surge impact1270Near the US dollar, gold bulls have finally established a foothold, and the target for this medium to long term layout will be1280-1295US dollars. During this period, if we can seize the opportunity and break through the position with strong force, we will launch a golden attack1300There is a play. If there is no news stimulation, the upward trend of gold is expected to slow down, and sustainable attention should be paid to the technical breakthrough situation. Also, this week is8In the first week of the month, this Friday's non-agricultural data was released as scheduled. The author
Ding Man(Deduction:351-733-4089）I would like to remind all investment friends to continue paying attention, and we will also continue to update the non-agricultural layout. Please stay tuned.




Analysis of Gold Technology







From the market perspective, the rally at the end of last week caused the weekly chart to form a triple positive alignment, effectively stabilizing the entity1260Above, the dense support on the cyclical moving average is more prominent, and the cyclical indicators are also maintaining an upward trend. However, it should be noted that there is a slightly longer downward shadow on the weekly bullish trend, and there are also signs of tightening in the Bollinger Bands, which will increase the possibility of a rebound in the market. Of course, whether the weekly trend can continue to rise depends on the performance of this week's non-agricultural data. On a daily basis,1270The touch just reached the Bollinger upper track, combined with the moving average and cyclical indicators in the upward trend, maintaining a bullish pattern on the daily chart.4In terms of hours, last week1257The touch of the low point ended last week's pullback, and a strong upward trend formed a continuous positive trend. The short-term moving average also maintained an upward trend,4From an hourly perspective, bulls tend to dominate.


Overall, due to the geopolitical crisis, there has been a perfect double upward trend among the bulls,1270The high closing also raises the possibility of a inertial upward trend in gold prices this week. However, considering the sustainability of the geopolitical crisis, Ding Man believes that it is not advisable to excessively pursue gains, as constantly refreshing high points will excessively consume the potential of bulls. Especially in the current situation where the bullish pattern is established, a pullback and accumulation of strength will be an indispensable process in the sustained upward trend of bulls. I think the phrase "those who are too strong are easy to break, and those who are gentle are invincible" can be fully applied to the current trend of gold.




Gold operation suggestions


1Suggestions1262-1265Long, stop loss3USD, Stop Earnings4-7dollar


2Suggestions above1270Short selling without breaking through light positions, stop loss3USD, Stop Earnings5dollar


The above suggestions are for reference only, and the article has lag. Please pay attention to Ding Man for specific points（V：chz0905 Verify that the real-time information provided by Dingman is accurate


writing/Dingman (buckle:351-733-4089）