Murong Xin:3.31Is it difficult to break below the integer level, but there is still hope for short-term bulls?

writing/Murong Xin, WeChat:mrx7168；QQ：3491117168——goldMarket Review and Future Outlook——


Gold remained at a low level in the early morning of Friday, oscillating and consolidating,1320The level has not yet fallen below, and there is still hope for short-term bulls; On Thursday, the gold price fell again after the daily bearish candlestick retraced its gains from interest rate hikes. However, the decline was significantly reduced, and it remained stable in the short term1320Gate position; The price of gold is1366-62If the resistance level of the high point connection is blocked and falls back, and it is still a significant pullback, then the overall market will still be in a large-scale oscillation. The positive impact of interest rate hikes has dissipated, and the risk aversion sentiment is gradually easing. The strengthening of the US dollar is putting pressure on gold.

After a weak decline on the daily chart, the pattern of three peaks falling back is more obvious. The sharp drop on Tuesday after hitting a five week high, coupled with Wednesday's sharp drop, has caused a certain heavy blow to the gold price from a technical perspective. The probability of short-term continuation is high, and the short-term support position can be seen1320Nearby, due to the market being closed on Friday, the overall direction of the gold market still needs to wait for guidance from next week's non farm payroll. Murong Xin is expected to have a certain impact on the market; The dust has settled on the first interest rate hike by the Federal Reserve this year, so it's simple. The market will speculate on the next rate hike; The expectation of interest rate hikes will pose a negative impact on non US currencies such as gold, and provide upward support for the US dollar index! The short-term trend tends to fluctuate and weaken, so there are iron recommendations for rebound and short selling in next Monday's operation. The resistance level above will continue to be monitored1330Location of the checkpoint.

——Summarize the reasons for your gold trading losses and prescribe targeted solutions——


Among most people who lose money, they actually make more money than they lose money. However, because making money is often making small money, losing money is often losing big money. One loss offsets many profitable trades, which means that the final loss is often caused by one or two large losses, which is the main reason for most people's losses. The reason for the large losses is that after being trapped, they did not admit their mistakes in a timely manner, carried on until the end, and even continued to increase and spread out, blindly locking up their positions! In the end, the losses reached an irreparable level. Therefore, not afraid of mistakes, but afraid of procrastination. Procrastination and admitting mistakes are the root of losses, and timely admitting mistakes can help oneself get rid of passivity. This is an important aspect of successful trading psychology. Iron feels thereforeign exchangeInvesting in the market has resulted in a significant decrease in the stock marketfuturesThe disadvantages of insider trading, false information, and other factors in the market make the trading environment more in line with the principles of fairness, impartiality, and openness. Profit and loss depend more on the operational level of investors, making it the most suitable place for individual investors to make profits. However, if you still approach the gold and foreign exchange market with a stock market mindset, the result will inevitably be losses!