Chu Moyu:8.1Analysis of the trend and operational suggestions under the bullish trend of late gold review

Chu Moyu:8.1Late reviewgoldAnalysis of the trend under the bullish trend and operational suggestions


Message: No one's money comes out of thin air, no one's funds are infinite. What makes money is not how accurate the order is, but reducing losses when the order is wrong. Investment is a long-term process, with joy, sadness, and sometimes even pain. However, this is investment, not only to make money, but more importantly, to cultivate awareness of making money and methods of utilizing funds. Don't expect a single profit to bring you anything. Without risk control, one operation may turn everything upside down. Calm down on the successes and mistakes in operation, learn to summarize, not only the experience of success, but also the lessons of failure!
              
——Message surface——


Trump only came on stage6Months ago, the Minister of JusticeFBIDirector, etc9Several government officials have announced their resignation or have been dismissed directly.7month28Last Friday, Trump was there againTwitterAnnounced the dismissal of the White House Chief of Staff, who previously served as the chairman of the Republican National Committee for six yearsReince Priebus。


The Trump team may not be the only ones to be fired next. Attorney General Sessions, Secretary of State Tillerson, White House Chief Strategist Bannon, National Security AdvisorMcMasterSpecial ProsecutorRobert MuellerThey may either be fired or resign voluntarily.


The White House has staged a series of "palace fights", which has also accelerated the market's bearish view of economic stimulus policies. These will make the market bullish on gold and bearish on the US dollar.


——Mo Yu: Analysis of Gold Trends and Operational Suggestions——


The weakness of the US dollar has driven up the price of gold, slowed down wage growth in the United States, and coupled with sluggish inflation, it is difficult to see another interest rate hike this year. The Federal Reserve has raised interest rates twice this year. The market hopes that President Trump's government will implement tax reforms and economic stimulus plans in the near future, which is seen as a positive factor for the US dollar. However, after the US Senate failed to overturn the Obama healthcare bill last Friday, this is seen as a political setback for President Trump, which also undermines his ability to smoothly introduce tax reforms and economic stimulus plans. US politics is chaotic, and US data is not encouraging. The depreciation of the US dollar will help gold recover its rise. Some heavyweight data to be released this week include the latest initial application data and Wednesday's7monthADPEmployment numbers and Friday's7Monthly non farm employment numbers. These data will have an impact on the US dollar and may change the expectation of the Federal Reserve raising interest rates again. Especially for non-agricultural employment data, if employment growth unexpectedly increases again, the gold market may experience fluctuations.


From a technical perspective, yesterday's monthly chart ended smoothly, while from a daily chart, the Bollinger Bands opened and diverged,KThe line runs from the lower track of the Bollinger belt to below the upper track,KDJThree line bonding operation,MACDThe opening of the fast and slow lines diverges upwards, the red energy column increases, and the bullish trend strengthens; From the four hour line, the opening of the Bollinger Bands diverges upwards,KThe line oscillates between the upper and middle tracks of the Bollinger Belt,KDJThree line bonding operation,MACDThe fast and slow lines are running together, reducing the red energy column and weakening the bullish trend; Overall, although the daily chart is mainly bullish, there is fierce competition between bullish and bearish positions at the four hour chart. Today, we will focus on the monthly chart belowMA5brace1263Frontline and daily lineMA5brace1266First line, above we follow1280Frontline, also known as the transition point between long and short positions before.
                 
​Suggestions for Gold Operations:


　　1Callback1263,1266Multiple batches, stop loss1260, Objective1270，1275,1280


　　2Stable27.13Entry, stop loss12, Objective0964Make an order.


The investment road is not smooth, my words are not flashy, but they are very sincere. As you can see in my article, this is a kind of fate. I believe in fate, fate makes us meet and know each other. Every fate should be cherished. The people we meet are different, the carriers are different, and the results will be different! Choice is more important than effort! Choice is greater than effort, today's choice may be tomorrow's turning point! At the right time, with the right people, and doing the right thing, this is the secret to successful investment. Cooperation is only the starting point, and service has no end!