Ling Jiayan: Gold is declining and correcting. Should we go long or short in the morning session of gold today?

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Ling Jiayan:goldDownward correction, do you want to go long or short in the morning session of gold today?


Jiayan found that the most common "symptom" of those who have recently found me is: when there are no orders in hand, my hands itch and I can't sit still, and I have to place an order; Having orders in hand and panic, once the market operates in the opposite direction, I don't know what to do. I think opportunities are endless and always want to keep operating. As a result, the more I do, the more I lose, and the more I lose, the more I do. Thinking to myself that besides work, I can't wait for a day24I watched the market every hour, and sometimes I would wake up in the middle of the night because of my unfinished orders. The main reason for this is that there is no good technical analysis method as a backing, and the mind is uncertain, unaware that rest is also an operational method. Blindly operating and calculating fees and other expenses, only to realize that they have all paid the platform table money! Ling Jiayan proposed: wait by the tree for the rabbit, while the cheetah attacks; The market takes a break when there is no opportunity, and follows up decisively when there is a chance; Resolutely implement profit taking and stop loss measures.



After a turbulent week, the market will face greater challenges this week. Monday(8month19day)In the morning session of the Asian market, the US dollar remained stable at a high level, while spot gold continued to fall under pressure and fell below the critical level at one point1510Pass. Given the lack of significant market data released on this trading day, we will continue to monitor the performance of the bond market and changes in risk sentiment. In addition, investors should remain particularly cautious before key risk events in the second half of the week. Bond market issues major warning, Powell hits hard this week on Monday(8month19day)In the morning session of the Asian market, major currencies continued to trade within familiar ranges, with the US dollar98Stable above the checkpoint, currently trading at98.20Nearby. Among non US currencies, the euro continues to be under pressure from the prospect of interest rate cuts by the European Central Bank.


Gold trend analysis


Gold hit a high last week, fell back and closed flat. At the beginning of the week, it continued its strong rise, and at one point during the week, it quickly increased volume and refreshed1534.80Recently, there has been pressure after reaching new highs. Rapid rise and fall on the same day, returning to1480dollar|The ounce low and weekly highs and lows all occur on one trading day. Rapid correction of decline, with a slight rebound in the closing session to recover lost ground, but the weekly closing still fell and closed at a relatively low level1508.The weekly closing has an upper shadow. The daily chart is overcast.


The second elevation survey on the daily chart shows pressure. Explore high without breaking through high, continue to bear pressure after filling in the shadow line, this week without breaking through1535Before the high point, the short-term trend should continue to fluctuate and correct below this level, accompanied by a certain degree of spatial decline. The strong trend will transition to a sideways consolidation, while the weak trend will match the spatial decline. At present, the space at the beginning of the week is tentatively set. But there is strong pressure above. Short term is currently a high-level oscillation strategy. As for the long short trend, it is important to search for direction in the small cycle shape chart.


Short line chart:4The hourly chart has fallen and fallen behind the middle band of the Bollinger Bands, but the upper and upper bands are still in a closed state for the time being. It is expected to oscillate within the range of the Bollinger Bands for two to three trading days this week, with support from the lower band1493.On the upper track1528.And the large range is still the consolidation range from last week1535-1480.Last week's range had a large fluctuation, and this week's correction is likely to continue to fluctuate within this range. The hourly chart shows continuous highs and lows, with signs of a downward trend seeking support at the beginning of the week for short-term operations1523Make a critical point and rebound to a higher altitude below this level. pressure1516-1518Bearish to1500Near.



Gold operation suggestions


(1)1515Short, stop loss1520, Objective1506-1500.


(2)1595-1597Take long, stop loss1592, Objective1505


Stable return on investment losses:8Yuejiayan has tailored a risk control cost recovery plan for you. Would you be willing to keep up!


Do you feel that investing is too difficult, with losses always being particularly easy and profits as difficult as climbing to the sky? Why can't you be the one making money in the same investment? The reason is simple, your investment is not guaranteed! For a market with a sharp decline and reversal, I always think that I can capture the maximum profit, but in the end, I can't escape the curse of being trapped, unable to escape losses or even burstingcUltimately, the fate of being a professional is simply due to insufficient preparation and lack of strength. Jiayan wants to tell you: professionals do professional things because they are professional, which is why they are ahead! What profit can we talk about without a perfect risk control plan?



Doing market research can have nothing, but it is necessary to have a risk control plan with exclusive fund allocation. Many people think that risk control is not important, but they are completely wrong. The risk control plan with exclusive fund allocation is to protect your principal from significant damage! I believe those who have done it know that once the principal shrinks, it is actually difficult to make it back. Therefore, protecting the principal is of utmost importance. Do not have any luck mentality. One chance of luck is the beginning of investment failure, and multiple chances are the culprit of losing everything!



I understand your eagerness to make money, and I have all the profits you want. Without professional risk control and profit investment plans, how can you steadily grasp market profits?The Ling Jiayan team provides one-on-one guidance services. If you want to capture big data but are unsure, come to me and I will customize the most suitable solution for you. If you are a novice and still don't understand, then come to me. The Ling Jiayan team has also prepared layout plans to give back to the market!


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Writing time:2019/8/19