Bo Hu Lun Jin:9.14Why have gold prices plummeted in recent times? Analysis of Gold Trend at Monday's Opening

The road to investment is long, and there are many who follow the trend!However, those who do not plan for the overall situation are not enough to plan for a city. The market situation is unpredictable and unpredictable. Only by setting one's mind, observing the situation, planning and moving forward, not being confused by the heart, not trapped in the situation, and strategizing can one win a thousand miles away. Doubt can filter out risks, but it can also miss opportunities. To seize opportunities, one must be brave enough to try. If one lacks ambition, even with the help of influential people, it will eventually be difficult to achieve their goals. As a qualified investor, it is important to remember that most of the time one should focus on observation, patiently wait for the best opportunity, avoid frequent entry, and avoid attempting to capture all fluctuations in operations. Also, do not expect to make correct judgments on each market segment, and be cautious and precise!
　　
　　gold基本面分析：近期黄金价格为何接连暴跌？
　　
The near future will be an important time window for gold trading, although8New Non farm Employment in the United States in the Month13Despite falling short of expectations, it is still difficult to say that the US economy is about to decline.9month18Does the Federal Reserve of Japan cut interest rates? How much interest rate reduction? The progress of trade negotiations will have a significant impact on gold. stay10At the beginning of the month13Before the round of negotiations ends, both parties may exercise restraint. And unless the Federal Reserve lowers interest rates50bpEven if interest rates are lowered25bpIt is difficult to say how to boost gold. At the close of trading, the US dollar index fell due to the strong performance of the pound, putting pressure on it. Spot gold plummeted more than10USD, lost1490At the checkpoint, this is the third consecutive week of gold decline,
　　
Reason for the decline in gold: Traders and investors have remained high in risk sentiment this week, as positive progress in the US China trade negotiations has led to a easing of attitudes on both sides, which is a disadvantageous factor for safe haven metals.
　　
Bohu Lunjin believes that the data is better than expected and global stock markets are rising, causing gold prices to fall from earlier highs. Optimistic sentiment towards trade has led to a rise in global stock markets and a decrease in demand for safe haven commodities such as gold. The basic theme of global central banks relaxing monetary policy continues to be a factor supporting gold prices on the one hand, and on the other hand, the improvement in global stock markets and trade prospects has also brought some pressure to gold prices. Bohu Gold Analysis: The recent expectation of interest rate cuts from major central banks and optimistic trade factors have jointly exerted pressure on gold, causing it to maintain a range of volatility. The current rebound of gold is still relatively fragile. For gold, the next key issue after Friday's data will be the Federal Reserve's decision, and the price of gold may continue to remain stable in the short term1480-1550Inner range oscillation. Bohu Lunjin believes that these issues have not been resolved, and in the long run, they still provide support for gold. Although the thawing of trade tensions between China and the United States has already suppressed gold, Bohu Lunjin feels that it is like putting a small band aid on a huge wound. Therefore,1485The level of the US dollar is the key line. If the support line breaks through, it may encourage gold bears to start selling.
　　
Next week's gold technical analysis:1480Keep buying long on dips above!
　　
Bohu Gold Analysis Basis: Spot Gold Friday（9month13Japan continued to decline, with the lowest intraday drop in the US market reaching1488.95dollar/In ounces, gold prices rose during consolidation and then turned lower after reaching intraday highs, diving during the day and once again falling below the thousand five mark, with extremely volatile trends.
　　
The daily trend of gold, with the closing price for two consecutive trading days at1490Above the support area, which includes Fibonacci23.6%Callback bit, channel down track, and40Daily moving average. This means that currently, gold is holding onto this crucial support, and if the price rebounds upwards, resistance will see previous highs1557.However, note thatMACDThe indicator shows a dead cross, so there is still a downward risk in the price. If1490If the support breaks through, then turn to a bearish view. Below the support, see Fibonacci38.2%Callback bit1449.
　　
From a technical perspective, the recent drop of gold to the thousand five mark has been unfavorable for the recent upward trend, but with the recent technical advantages of bulls, the price of gold is still in an upward trend on the daily chart; The next goal for bulls will be to remain stable at1500Above the level, further attack1600Gateway; The bearish target is to pull the gold price back1500Below the checkpoint, driving a downward trend. At present, the support level is at the intraday low point1488.95USD, followed by1480US dollars; Resistance level at intraday high1508.81USD and1510USD.
　　
Suggestions for opening gold positions next week:
　　
　　1.Callback1485Take a long position nearby and focus on defense1480Looking at the continuous profit taking of multiple orders1495-1500-1510(No lower break)1480(Still maintaining a bullish trend)
　　
　　2.First touch above1497Nearby short space, stop loss1501, Objective1488。1510Bold air nearby, just look directly1495。
　　
Recently, gold prices have skyrocketed and plummeted. Why do you frequently lose money when investing in gold?
　　
Firstly, counter market operations-If the direction is reversed, resist; Resisting losses intensifies; If it really doesn't work, stop loss; The direction of the stop loss has returned, or when the market rises, it falls; when buying, it rises, and it can never keep up with the rhythm.
　　
Secondly, no stop loss is set-Stop loss, this is a clich é d point that Bohu Lunjin emphasized and doesn't want to emphasize anymore. As someone who speaks bluntly and doesn't like to beat around the bush, in short, if you don't stop loss, no matter whether your order is profitable or not, no matter how much money you have, one day you will end up playing it out and losing money without a place to cry.
　　
Thirdly, frequent operations-Regardless of whether the order is ideal or not, an irresponsible teacher may not provide real-time guidance when they see that your funds are running low or ask you to increase them. They may find various excuses to cool you off and give you at most a range for you to operate back and forth. I don't understand this. Do you still need to follow this kind of teacher? Is it reasonable? Take advantage of your position and some funds to quickly withdraw and choose a suitable teacher. In the future, you also need to look for problems from yourself, so that you can go more smoothly on the investment path. The harvest will also increase, and life will become better and better
　　
Bo Hu's Message on Gold:
　　
There is a financial storm outside, and stock disasters are rampant inside; Although the country is healthy, the financial market is not as mature as others, and every move is like a child. Therefore, we only sigh that the people are interested, while the market is ruthless. Bohu Lunjin has entered the market7In his youth, he once covered the sky with one hand and became arrogant for several days, losing everything. He regretted deeply, but his fighting spirit remained steadfast; Reigniting the flames of war, standing firmly on one's feet, although not fully enlightened, one can still glimpse a corner of the road. Not as sincere as Buffy Ma Yun Jia Cheng, self-awareness is good, passing on a teacher and establishing a career for a long time, not extravagant enough to cause big waves again. And I have always been good at helping others, but I cannot ignore the difficulties of others; So cast a net in the market, hoping that those who cast their nets can hear my aspirations.
　　
Bohu Lunjin Warm Reminder:
　　
Investment is not speculation. Seize the right moment, refuse blindness, take a break if there is no time, and cherish every drop of blood and sweat you earn! Investment carries risks, so we need to be cautious when entering the market, grasp the most accurate trend, and make our investments more rational.
　　
Bohu Lunjin Analysis Team Consultation and Guidance Wei//Your words:KD1394(Never stopping on weekends, available for consultation at any time))
　　
Full guidance time: early7：00In the early morning of the next day2：00
　　
Author's message: May you and I start with words and match our personalities,Trapped in technology, long after kindness, finally character.
　　Author of this article: Bohu Lunjin