Chen Yilin: Gold surges without continuation, with intraday fluctuations as the main trend! International Gold Trend Analysis!

　　Chen Yilin:goldThe surge has no continuation, with intraday fluctuations being the main trend! International Gold Trend Analysis!


　　交易是一场长途跋涉的旅行，大家各有各的难处，脆弱的人才去四处游说自己的不幸，坚强的人都会不动声色地成长。就像那句话“当你穿过了暴风雨，你早已不在是原来那个你。”愿我们都能熬过风雨，获得新生。

　　Market aspect:International gold surged on Thursday1740After being under pressure on the front line, it surged and fell back, resulting in an overall decline in performance; Yesterday during the Asia Europe trading session, gold prices continued to rebound and briefly recovered1730Approaching the US dollar level1740The position of the US dollar and the intraday increase have also expanded to1%However, during the US trading session, gold prices were under pressure and fell, with multiple short-term occurrences10The decline of the US dollar yesterday hit its lowest point1707The US dollar has recently fallen from its daily high30The US dollar. On the morning of this trading day, there was another downward trend that continued, and the market price briefly fell back for testing1700Integer level. At present, the overall price of gold is1710Near the level of the US dollar!

　　Market Focus: Yesterday's US market was affected by the number of initial jobless claims for the week, causing the gold price to quickly rise and fall back!


　　Data shows that last week there were520Ten thousand Americans applied for unemployment benefits for the first time, lower than the revised amount from the previous week660Ten thousand, lower than market expectations550Ten thousand. U.S.A3Actual monthly construction permit rate announced-6.80%, expected-10.5%, Previous value-6.3%； U.S.A3Total monthly construction permits135.3010000 households, expected13010000 households, previous value145.2Ten thousand households. United States4Monthly Fee City Fed Manufacturing Index Actually Released-56.60, expected-32, Previous value-12.7。 U.S.A4Monthly fee city Fed manufacturing index hits1980The worst performance since the beginning of the year.


　　另外，截至北京时间4month17Recently7Global cumulative confirmed cases of COVID-192151199For example, cumulative deaths143725Example. The US President has formulated a three-stage plan to restart the economy: in the "third stage", vulnerable groups can resume using public transportation, but should maintain distance, and low-risk groups should consider minimizing their stay in densely populated areas. Chen Yilin's analysis believes that if the economies of European and American countries restart smoothly, various data will rebound significantly, which may suppress market risk aversion and weaken the upward potential of gold prices.Follow the "Chenyilin" and you will have the opportunity to receive real-time operation suggestions and a central line layout plan!


　　Technically:4.17Analysis of intraday technical structure trends in gold!


　　Gold surged and fell back yesterday, first affected by the bullish data at the beginning of the week and conducting a surge test1738The region, followed by a significant correction in the market, directly entered the previously consolidated area again. Today, we should still pay attention to it first1708Support, only after the market effectively breaks the level can it go short with the trend!


　　1The gold market fluctuated and fluctuated in the US market yesterday, with no continuity in both long and short positions. If the position is not good, it is easy to encounter stop losses! Today's morning session, gold jumped short and opened low, testing directly1700At the checkpoint, but the market quickly pulled back to fill the gap, and overall it still hasn't broken through1708The support of the current market is overall at1700-1740Shake within the area! Focus on intraday rebound1720The pressure in this area is1If the market rebounds and cannot break through the pressure zone of the hourly Bollinger Bands, it indicates a weak adjustment of the market, and gold will continue to decline. However, once it breaks through, it will be tested again1740Regional pressure!


　　2As we have mentioned before, gold is currently in a high range of volatility, and the market is in a range of volatility. It is recommended to hold the key pressure support position and sell high while buying low. Do not easily chase orders until there is an effective break! We can only operate in line with the current market volatility after it has emerged! What can be confirmed at present is that the rise of gold has temporarily come to an end, and the next step is either a sideways consolidation mode or a pullback mode! The possibility of directly breaking the new high is not very high!Follow the "Chenyilin" and you will have the opportunity to receive real-time operation suggestions and a central line layout plan!

　　Overall:The intraday market bottomed out and rebounded in the morning, falling to1700On the first line of rebound, Chen Yilin predicts that there is a high probability of oscillation and decline today, but intraday trading needs to be cautious. Early declines are usually difficult to continue. And the market is not extremely weak, belonging to a pullback among bulls, which is easy to rebound at key support levels and double bottom positions. Therefore, we will conduct another test below within the day1708/1700If there is a direct rebound near the top, try to short the position above1725/6frontline;


　　crude oilaspect:The current trend of crude oil is relatively weak and is basically maintained at19.3-20.5Running within the region, but building a double bottom structure on the daily chart, without breaking a new low, fully meets the conditions for a rebound. Pursuing short positions at such low levels is definitely not suitable, and can only be a low long ambush. In the morning, the main trend is still low long bullish, relying on the bottom19.5Support the light warehouse first, pay attention to the above20.5Regional pressure, just add warehouse after breaking through! The first thing to test above is23The pressure zone!


　　(Note: The above views only represent Chen Yilin's personal opinions and are not used as trading basis. Based on this, the profit or loss shall be borne by oneself. Obtain a real-time price list to guide the operation, single line contact! Investment is risky, and caution should be exercised when entering the market!)


　　At the end of the article:It is particularly important to choose a teacher who accompanies you all the way on the investment path. Although Chen Yilin may not give you too much warmth, there is a word called 'do my best'. There is no overnight wealth or 100% money making secret here at Chenyilin, but there is a stable trading system and a sincere heart,Believe me, come to me and say too many unrealistic things. I think it would be very hypocritical, not seeking overnight wealth! Just strive for small streams and long flows.Follow the "Chenyilin" and you will have the opportunity to receive real-time operation suggestions and a central line layout plan!

　　The Chen Yilin analysis team is committed to guiding investors to make the right investment decisions!


　　Article source: Chen Yilin