Feng Chengming: Where to Short? Recommendations for Gold Operations

Feng Chengming: Where to Short?goldOperation suggestions

As the saying goes, a good start is half done. In the precious metal market, correct analysis is the first step towards successful investment. It is believed that 'volatility' and 'volatility' are normal phenomena in the precious metal market, so when trading, it is necessary to analyze and recognize the trend. As long as the general direction is correct, the opportunity for profit is much greater


To go further, who to walk with is the key! Perhaps not every day is so beautiful, but every day there is something beautiful that exists. I hope that Feng Chengming's daily thoughts can bring you some source of thought and guide you to gallop on the financial road.

Yesterday, there was still little movement in gold, and it remained stable throughout the day6The fluctuation of a single point, with the end of the trading day fluctuating, is there anything to look forward to if the volatility will continue today and Friday? Let's take a look at the changes in the chart.


Whether it's weekly or daily5The rising rhythm of the waves, although the suppression point of the trend line is1263-1268However, each rhythm cannot be strictly linearized, so1250This node is likely to collapse, which is worth noting. Technically, daily line5Daily moving average and10The daily moving average tick has changed from the previous long moving average arrangement, although currently supported byMA10But the trend of continuously decreasing high points makes us have to worry1250finish5The rhythm of the waves rising.


　　4The hour is in line with our previous thinking,1250.7The downward rhythm of exploring high, continuously lowering high points, and extending low points downward requires attention above two points in the day1244-1245First line, follow belowMA60=1239frontline.


In terms of thinking, we still need to focus on1244-1246Mainly high altitude nearby, causing damage1248The target is visible1239, break down and see1236-1234。


Long reference1234-1236Support. if1239Support in advance and consider adding more first. Participate based on real-time situations.


To be a person, one must be someone who is reassuring. No matter how many years we have known each other, we can sincerely exclaim, 'It's great to know you.'. The greatest attraction between people is not entirely your appearance, not your wealth, nor your talent, but the trust and steadfastness, sincerity and kindness, a positive energy that you convey to them. Life is not all about competition and interests, but more about mutual achievement and warmth.