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Recently, many friends have complained to me about thisgoldIt is difficult to invest, but if you keep doing it poorly, you will lose more and earn less. Yixun asked them about some of their usual operations and found out that some friends, once they make a loss when placing orders, will think of slightly shouldering the order. As a result, the market becomes increasingly uncontrollable, and the orders naturally become deeper and deeper. Friends of this type of investment often do not cleverly use stop loss and stop profit to control position risk, and there are countless instances of positions being sold out by them. And when the order starts to make a profit, after earning one or two points, it is sold out. I dare not take more, even if the direction is right. Yi Xun called this mentality - pursuing happiness and avoiding pain! However, in order to truly make good investments, good operating habits are essential first, and then a good mindset.
Gold market analysis:
The golden daily chart20Obstruction at the daily moving average,5Day,10The daily moving average is trending upwards, and short-term gold has not fully entered the upward trend, but has bottomed out through low volatility. We believe that the daily level does not break through1160Callback1174There will be a second strong support in the vicinity, so mid-range investors can rely on it1160Low points can be moderate1174Multiple layouts are available. Only a complete breakthrough is possible20We are officially bullish on the daily moving average, otherwise we will maintain a low volatility mentality.4The hourly oscillation failed to hold on to the downward trend. Yesterday, a bullish candlestick rebounded, but in the end, it still rebounded and broke through the low, extending the downward space,4Hold on for hours1172.5At a low point, there should be another upward trend. Just do it4At the hourly level,4When we are young, we will temporarily observe fluctuations, with low high range trading being the main focus(1174upper1195Below).1Yesterday, gold continued to decline, and today the expected downward momentum weakened during the day.1201.5After the decline starting from the high point ends, gold will have a new upward opening, which is an important sign of breakthrough1193High point. Below1Hourly follow1177Support, above1195Resistance.
​Golden Operation Strategy:
1, fall back to1180Long, stop loss5US dollars, look at the target1190Nearby;
2、1190Short selling, stop loss5US dollars, look at the target1180--1182Area.
Yi Xun's message:
Yixun doesn't have fancy language here, only tangible trading and clear operations. The market has only one direction, not long or short, but the right direction. Reasonable risk control+Good investment returns allow every individual investor to find the true joy of investing, rather than constantly increasing losses due to their daily hard trading. I have always believed that choice is more important than effort. A good mentor and technical team should not only bring profits to customers, but also be responsible to them.
I am Wu Yixun, an analyst who solves problems for investors.
Wen/Wu Yixun
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