Du Shuqi:8.30Gold Hold on1200Continue to watch the rebound, operate today's gold trend

Du Shuqi:8.30goldhold1200Continue to watch the rebound, operate today's gold trend


As an investor, in the game with the market, it is for the sake of profit. However, the results have always been contrary to expectations. In the face of recent market trends, some investors cannot bear it anymore and carry out long and short operations based on their own positive analysis, resulting in a significant loss of all accumulated profits in the early stage. It's good to operate on your own in the market or be led by a teacher. Du Shuqi has always believed that being single/The essence lies in the quantity. As long as you have sufficient confidence in the market, do not hesitate to enter the market, and hold the order firmly, the final profit will not be less! You should know that investment is always the icing on the cake, and Du Shuqi also hopes that all friends can be happy and earn money easily, with less fatigue and more returns.

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Du Shuqi - Message Face


The ongoing tension between the United States and China will continue to exert pressure,COMEXFutures fell on Tuesday:COMEXFutures fell on Tuesday as US bond yields rose after the US and Mexico reached a trade agreement, and analysts said the ongoing tension between the US and China will continue to exert pressure. New York Time8month28day13:30(Beijing Time8month29day01:30)，COMEX12Monthly goldfuturesClosing down1.60USD or0.1%Reported per ounce1,214.40US dollars. The US Treasury yield rose to a weekly high as concerns about a global trade war eased. Prior to this, the US and Mexico had fully revised the North American Free Trade Agreement(NAFTA)Reaching an agreement. Commodity Strategist at Daoming SecuritiesRyanMcKayThe rise in real interest rates has taken away some of the headwinds in the gold market. The easing of trade tensions has prompted investors to reduce their safe haven positions in US Treasury bonds, especially with the selling of long-term bonds suppressing prices and pushing up long-term bond yields, indicating a bullish outlook for the future economy. Gold, typically bought as a hedge against geopolitical risks, is highly sensitive to rising yields as it has no interest but incurs costs in insurance and storage.


The US and Mexico reached an agreement to lower the US dollar as investors sought to buy other assets, reducing the safe haven appeal of the US dollar.COMEXThe net short position of gold has increased for the sixth consecutive week, reaching a record high.KitcoMetalsanalystPeterHugIf the price of gold rises above one ounce1,220The US dollar will stimulate short covering. In other precious metal markets,9Monthly silver futures received8.5Cents, settlement price reported per ounce14.774USD.10Monthly platinum futures closed lower8.9USD, settlement price reported per ounce795.3USD.9Monthly palladium futures closed lower2.5USD, settlement price reported per ounce939.40USD.


Du Shuqi - Market Analysis


Gold rebounded and closed higher on Wednesday, holding on1200Narrow consolidation transition above, the US market saw a significant rebound in the euro and pound due to a turning point in the Brexit negotiations. The setback of the US dollar has boosted the rebound and closing of gold prices, although the overall space is still small, with the highest only reaching1207.70.Fortunately, the daily closing line was slightly bullish yesterday1201-1202Overnight multiple orders are moved up to stop loss and continue to hold and wait.


The daily chart consolidation correction did not continue to be negative, with strong consolidation replacing a decline. After closing higher yesterday, the moving average index was further bullish, and the rebound at the large cycle level has not yet ended. The current consolidation is aimed at accumulating momentum to reverse and further refresh the high point. Hold on yesterday1200Above, today, relying on the thousand two mark, the US dollar is expected to continue its weakness as it continues to rise. This provides greater support for gold prices.


Short line chart:4The hour is running in an upward rebound channel, and yesterday did not touch the lower track. Instead, it directly consolidated and accumulated momentum above the thousand two level, which is why it is necessary to first1201-1201The reason for doing it again may seem like there was a pullback, but there was no room for coordination. Instead of a pullback, consolidation was used, ultimately reaching the low point of the previous day1200If you want to wait below the thousand two mark and go long, it is easy to short the position, after all, the overall space is small. The magnitude of the correction is also small, with narrow contraction and oscillation. Between the daily bullish turn, today's game saw consecutive bullish gains. Hourly chart support1200Support the oscillation and rise.


Du Shuqi - Operational Suggestions


1203Long loss in the vicinity1199target1210-1213


Due to the changing market conditions and the lag of the article, the above operational suggestions are for reference only. Please do a good job in risk control. The specific operational plan is subject to the real-time guidance of Du Shuqi!


Du Shuqi - Message

For friends who want to learn about spot knowledge, I strongly agree. I personally believe that investment friends should improve their abilities during the investment process, use their technical knowledge to analyze and operate, and enjoy it, falling in love with this investment rather than fear. Fear is due to lack of strength and judgment. I quite admire those who gradually learn and master commonly used technical indicators (moving averagesMACD、KDJAnalyze market trends and specific operating points based on fundamentals, such as support and resistance levels, gradually improving one's comprehensive analysis ability and exercising one's mentality. Slowly grow step by step, after all, investment is a long-term process. So Du Shuqi and his investment friends also follow this principle: teaching them to fish is better than teaching them to fish. I will teach you to start from the most basic.