Wu Yixun:8.29Will gold break through the thousand two mark after rising and falling?1208Look short below!


Market trends are always unexpected. The market may not follow people's expectations, but people are willing to believe what they want to believe. However, market uncertainty will suddenly come in this situation, and when people are not prepared, they will be dealt a sharp blow. At the same time, the market is also balanced, with some earning while others losing. The market situation is also constantly changing, with no fixed or 100% accurate predictions. Therefore, even when we feel confident in our ability to stop profits and losses, we should always keep a clear path in our actions, especially in the investment market.


The strong rise of the US dollar this year is aimed at establishing its dominant position, and the means are also very obvious, short selling the European market and even the global market. Recall the overall environment of last year's sharp drop in the US dollar index, keywords, and inflation. Last year, US inflation remained below2%In addition, the three interest rate hikes did not bring much help to the US dollar, which is why Trump does not want the US dollar to be too strong. His wishful thinking is to first let foreign enterprises return to China, and then use the US dollar in the global market, especially those emerging countries, such as Türkiye and Brazil, to borrow funds to develop their own economies. And all of these are to lay the groundwork for the next step, hoard the economic foundation, launch a trade war, and undermine the strength of other economies.

The overall trend is still optimistic about the US dollar in the future. Although the strength of the US dollar has slowed down, it will not affect a certain pattern of the future market, so correspondinggoldIf you look at it, there is no problem shorting gold in the future. Returning to the short-term technical perspective, overnight gold volatility was once again suppressed by the US dollar, and the daily bullish candlestick market reboundedBOLLAbove the middle rail,BOLLThe belt still maintains downward movement,MA5Daily moving average and10Daily moving average golden cross up,AndMA20Daily moving averages overlap, attached imageMACDThe fast and slow lines have a golden cross, and the red energy bar continues to increase in volume,KDJThe three lines diverge upwards, and the overall bulls remain strong.

　　4On the hourly chart, the overnight market experienced a sharp decline and returnedBOLLBelow the middle track, the morning market opened at1200There was a slight rebound in the vicinity, but it is still in theBOLLUnder the pressure of the middle rail, as shown in the attached imageMACDThe fast and slow lines have a dead cross, and the green energy bar continues to increase in volume,KDJThe three line indicators are diverging downward, and there is still a downward trend in the short-term market. So, in the short-term operation of gold within the day, Yi Xun suggests that the Asian and European markets can rebound and short first. Follow below for more information1200Support breaking situation.


Suggestions for Gold Operations:


　　1、1208Nearby, let's take a break, stop loss3USD, target1200-1203Area.


Yi Xun's message:

​Yixun has always adhered to a resolute and steady operating style, which has been recognized by many students. The recognition of the students is my motivation, and this sense of achievement is incomparable to any happiness. Strength is not about showing off, it must be recognized by more people. Being good at oneself is far more important than thinking about others to verify your strength. It's just a matter of pulling a mule or horse out for a walk. I have been tirelessly persuading you in your job and career, hoping that you will avoid any detours and make fewer mistakes in this market. Even though I have tried my best, the path of investment still needs to be taken by myself. Learning is endless, and learning experience is your wealth. I still say the same thing: without dreams, why go far away? Don't forget your original intention, only then can you find peace in your bag.


I am Wu Yixun, an analyst who solves problems for investors.


Wen/Wu Yixun