Duan Haoyu:8.20Gold weakens and oscillates downwards, today's market analysis and strategy

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Duan Haoyu:8.20goldWeak oscillation and decline, today's market analysis and strategy


Trading is like climbing a mountain. It may seem like you've taken many wrong and bumpy paths, but you'll still reach the summit in the end. A person may never climb a mountain in their lifetime, but they must have a big mountain in their heart. They should know how to respect, not be afraid. People are born with a perception of danger. When it's time to leave, don't hesitate, and when it's time to hold on, don't hesitate. No, I'm talking about a lifetime;A year, a month, a day, an hour is not a lifetime. No matter how dangerous the obstacles ahead may be, as long as the direction is correct, constantly moving forward is easier to accept happiness than standing still.


Interpretation of Golden News:


Gold prices fell sharply on Monday, with spot gold falling more than once20The US dollar has hit a near four-day low1492.82dollar/Ounces, as concerns about the possibility of major economies falling into recession ease, have boosted investors' risk appetite and weakened gold's safe haven appeal. In addition, the strengthening of the US dollar has also suppressed gold prices. Duan Haoyu believes that people's concerns about the risk of economic recession have weakened; Perhaps the market has overreacted to the events of the past week, resulting in some positive rebounds in the stock market and downward pressure on gold prices; However, fundamentally speaking, things have not really changed yet, and gold is still supported by fundamental factors such as loose policies from central banks around the world, concerns about slowing global economic growth, and trade.Easy relationship tension.


Analysis of the morning gold trend and operational suggestions:


In terms of gold, on a weekly basis, it has risen unilaterally;MACDGolden cross, moving average bullish arrangement, there is still a possibility of further upward trend in the future, and the initial resistance is at last week's high point1535.01Nearby, strong resistance2013year4month5Daily weekly low point1540.08Nearby,2013year2month22Daily weekly low point1555.17Nearby, Duan Haoyu believes that if this resistance is unexpected, it will increase the medium to long term bullish signal. Due toKDJThere is a dead cross trend at high levels, and in the short term, one needs to be cautious of the risk of hitting the top or the need for a pullback; currently5The weekly moving average is supported by1476.01Nearby,7month19Daily high support for the week1452.89Nearby,10The weekly moving average is supported by1442.85If the support is lost nearby, it will increase the medium to long term bearish signal; Follow Duan Haoyu's prestigedhy776Keep up with market information and grasp major trends to help you make steady profits!


From a daily perspective, after a unilateral rise, it oscillates at a high level;KDJHigh level dead cross, with some signs of a turning in the moving average, causing the gold price to be blocked for four consecutive trading days1535Nearby resistance, currently falling back to5Daily moving average1510.90Below, the short-term gold price is facing a significant pullback risk, and initial attention is focused on the support level10Daily moving average1492Nearby, then1490Support near the integer threshold,1381-1535Upward trend38.2%Retraction position support1476.39If the position is lost nearby, it will increase the short-term bearish signal. Due toMACDThe golden cross signal is still present, pay attention to the high point of the previous trading day above1527.89If the nearby resistance is unexpectedly broken, it will increase the short-term bullish signal; In the short term,1520There is also some resistance near the integer level, with resistance at the high point of the previous trading day's New York session1517.21Nearby. Overall, in today's operational strategy, Duan Haoyu's personal suggestion is to focus on rebounding at high levels, with a pullback as a supplement for long positions, and to pay close attention to short-term gains above1508-1510Frontline resistance, short-term focus below1490-1492Frontline support.


Gold can refer to suggestions


1Suggestions1508Stop loss without breaking short1513, Objective1500-1497；


2Suggestions1490Do not break long, stop loss1485, Objective1498-1500；


How to invest in gold correctly for beginnerscrude oil：


1Control emotions - Investors must be calm and control their emotions. They must calmly respond to sudden changes in the market, otherwise they will miss out on opportunities due to indecision. It is best to be prepared to deal with various possibilities before entering the market, so that when encountering sudden changes in the market, one may not feel too surprised and at a loss.


2Starting from small transactions - For newcomers to the market, it is necessary to start with small scale transactions, gradually grasp the trading rules and accumulate experience, and then gradually increase positions.


3Avoid being eager for quick success and instant benefit - there should be no desire for quick success and instant benefit in transactions. Investors should not enter the market based on their subjective desires in trading. Successful investors generally strictly separate their emotions from trading activities to avoid the market trend being opposite to personal wishes and bearing heavier risks.


4Be prepared to accept failure at any time - investing in gold and crude oil carries risks, and trading failure will be inevitable throughout the entire transaction. It is also an important way for investors to gradually learn from and accumulate experience. In the face of investment failure, only by carefully summarizing can investors gradually improve their investment ability, avoid risks, and strive for profitability.


5Better miss than make mistakes - opportunities are always present, and seizing them requires a pair of bright eyes rather than quietly waiting for an empty opportunity.


6Develop an investment plan that suits oneself - life requires planning, investment requires planning, investment is not something that can be done overnight, only by strictly implementing it can one profit from it. So how to become a profitable investor in the gold crude oil investment market is crucial. Think carefully about how profitable you have been since investing.


Message: I don'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, instead of 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 for them. Individual investors, relying solely on their own efforts to face the market, are prone to being caught off guard when faced with sudden rises and falls. However, if someone can see the situation clearly and provide direction outside the circle, they can do better.


Author of this article: Duan Haoyu [reprinted, please indicate source]


authoritydhy776（VLetter official account: Duan Haoyu)


Author's Message: If life is only like first sight, meeting and gathering is fate!