Wanzhou Gold Industry: Analysis of Thursday's Spot Gold Market

goods in stockgoldLike stocks, speculation is based on the international price difference of gold to earn profits But it has many differences from stocks There are many advantages, such as a real money account, which is free to open and utilizes leverage principles:At the current gold price, it can maximize the amplification of funds43It greatly improves the utilization rate of funds and returns by around times. Therefore, it is loved by the public.

8month29According to the market trend chart, spot gold has slowed down its upward trend in recent days. Maintain at1540——1525The range fluctuates horizontally.

From the fundamental news, Wanzhou Gold Industry believes that the US stock market stabilized and rebounded overnight, ending the short-term weak pattern. The US dollar is not weak, and gold surged after the outbreak of issues between China and the United States60The US dollar has released its bullish energy, and the current high consolidation of gold indicates that the market is waiting for further developments.

In terms of intraday operations, gold remains relatively strong in the early trading session, so the European market is the key. If it rises to the overnight high, then there will be a pullback before the US market, so the European market sees1547-50You can still empty it first, short line. Unable to fall below before the US market retreats1540——1541On the first line, it will continue to fluctuate, with empty orders leaving the market, and if it falls below1540First line, hold empty orders and see if they break. There are currently no plans to pursue higher positions.

Text: Wanzhou Gold Industry
Writing time:2019.8.29