Xu Bohong:4.19-4.20Is there no hope for gold bulls next week? Where should we go from here?

--goldpreface--

For now that this week has ended, looking back on this week, the profit is still perfect. In just a few days, the single profit given by my actual guidance is greater than100Click above. This means that even if you are110000 USD position,1Hand operated, as long as you keep up perfectly, you can make a profit this week10000dollar. The premise is that you need to keep up with the operation. If you buy one order and don't buy another, it will definitely not work. Therefore, the operation position I have set for you, regardless of your capital position, can be doubled this week. I'm just conservatively calculating the total profit this week, which means that as long as you don't intentionally have money to lose, you have already doubled your profits. Whether the total profit this month can surpass the historical record set in March or not depends on the remaining time. So next week, you must strictly follow the strategy I have formulated, and profits will continue to exist. So please wait and see.

--Next week's outlook for gold--

Friday(4month17day)The gold price once fell2%The golden Friday midnight period is deeply mired1680-1700Interval oscillation, rather than rebound and stabilization1700Above, it is temporarily impossible to fall below1680Below, for next week's market situation, it depends on the plan of the United States to restart the economy. If we continue to adhere to the plan of restarting the United States, the results will be quite obvious. The US dollar will rebound, and gold will enter a process of pressure. There will definitely be a wave of bearish opportunities for gold, despite the emergence of a large number of loose policies in the market, coupled with extremely low interest rates and fiscal stimulus policies, which can push up gold. Although the gold market has a clear bullish trend, there will not be a significant upward sentiment over time.

So for the short term, gold will hold on on on Friday1680If it's not broken, why do we have to keep empty next week? The reason is that at present, gold lacks upward momentum, and even if it rebounds, it is difficult to stand firm at 1.7. It should be noted that the current pandemic has led to a global economic recession, and coupled with the decline of the US dollar, it is common sense that this provides support and upward momentum for gold. But the fact is that gold is there1747The decline in the top casting trend, although currently in a fluctuating downward trend, ultimately returns to below 1.7, which relatively dispels the market's bullish enthusiasm for gold. Especially at present, the global epidemic is gradually easing, which means that the impact of the epidemic on gold may face an end at present. If we really wait for the world to return to normal, gold will undoubtedly completely lose the impact of the epidemic, which will also make gold's safe haven face a complete dissipation.

In summary, from the current perspective of gold, the overall trend is bearish, and we should mainly pay attention to it1680If the situation is not broken nearby, it is still possible to return to Qianqi in the long run. However, whether we can stand firm in Qianqi requires more news to support. So next Monday's operation strategy is still to focus on short selling at high prices, with long selling as a supplement. The specific operation is subject to on-site analysis, but analysis is analysis. Everyone should strictly follow my prompts to enter the market. Remember to strictly control your position and stop loss according to my requirements during the operation process, and beware of unexpected attacks! Single line:{xbh768}

--Gold market trend--

From a technical perspective of gold, spot gold shows a daily trend where the price of gold rises and then falls back,MACDGolden fork, red kinetic energy column narrowing,KDJThe dead cross, with a mild decline in random indicators, indicates a slight strengthening of gold's pullback momentum, indicating a weakening of bullish sentiment towards gold in the market, while also being wary of the risk of a pullback due to overbought. Pay attention to the support level below the gold price first1700Barrier, this is the most important psychological barrier. Gold has fallen below 1700 and is now enduring1680Near the support position, do not break up1700If the position is under pressure, then continue to look for opportunities to decline. If it continues to fall, then see below1675-1650Nearby location, pay attention to the opportunity for support rebound at this location. If there is an upward trend, it depends on the strength of the rebound and the continuity of the pullback. Pay attention to the upward trend1700The position has been surpassed above, and the attention has been focused on it1707The key resistance pressure of the position. The overall magnitude for next week is expected to be significant, and there is a high probability of a deep adjustment.

Spot gold from4From an hourly perspective, the gold price continues its downward pressure trend since the high point, and the opening of the upper and lower tracks of the Bollinger Belt converges,MACDDead fork, green kinetic energy column slightly expanded,KDJDead cross, further decline in random indicators, convergence of the opening of the upper and lower tracks of the Bollinger band, indicating that the short term may further decline, and the short term will continue to fall under pressure. Pay attention to the lower support first1690Near the front line, further support at1675Nearby, if the support at this position is effectively breached, we will go to explore it1644Support position, this is3If the points tested since the end of the month fail again, the support level below will further look towards1600Pass. Overall, my personal suggestion for short-term trading next Monday is to focus on rebounding at high levels, with a particular emphasis on short-term trading above1710-1715Frontline resistance, short-term focus below1665-1670Frontline support. Single line:{xbh768}

--Golden Operation Strategy--

Empty order strategy:

Gold rebound1700-1703Short (buy down), stop loss3Points, target1688-1690Near.

Multi order strategy:

Gold Fall1675-1678Long (buy up), stop loss3Points, target1690-1692Near.

--Message from Xu Bohong--

Investment, like life, is practical and down-to-earth! In the process of guidance, I like to express my thoughts through words and make precise judgments for the future. In this spot market, the market will never believe in tears, nor will it pity anyone. The market will only believe in cash, and you need enough cash to make the market believe in you! In the spot market, facing the ups and downs in front of me, I like to use a sharp eye to block profits. From the beginning, I was full of vigor and youthful spirit, and through time accumulation and technical strengthening, my mentality gradually changed. This allowed me to transition from "not afraid" to "afraid" and then to "not afraid" of the market. These three realms are the necessary path to success, and only by crossing them can I become a qualified investor! Single line:{xbh768}     

This article was planned by our analyst team led by Xu Bohong. Please indicate the source when reprinting. The above content is for reference only. Investment carries risks, and caution is necessary when entering the market. order set.Lock order.If the operation is not ideal, please communicate with yourself.