金荣中国：黄金关注1700附近多空争夺，不突破站稳仍偏空

Fundamentals:
Monday（4month20day)goldPrice maintenance1671-1702Interval oscillation   ，日线收带上下影线小阳线。
Today's data
No important data           

Technical aspect:

        日线上，黄金日线收带上下影线小阳线，目前处于短期线附近及下方运行，5Japan and Japan10The daily moving average is flat and glued, while the mid-term line is flat and glued,MACDSmooth bonding,KDJRunning downwards, the indicator direction is not clear. The previous wave of gold appreciation1450Up to last week's high point1748Nearby, the increase is close to300The US dollar is approaching the limit of its previous year's increase, as seen in this way1748The nearby and above areas are likely to become the top of this year, which means that even if there is still room above, it is difficult to expect much further increase. Instead, the top of this year can be seen at any time, and once adjusted, it will be100-200美金空间，这个风险不容小觑，当然今年由于疫情影响，想要真正趋势转空还是需要等待疫情拐点的，只有拐点出现后无限QEOnly then can it stop and loose liquidity weaken, so that gold can emerge from a sustained pullback, otherwise a pullback will occur100The US dollar may still stabilize and continue to rise, of course, it has been mentioned1748The top area is nearby and above, so it is expected to be in the future1-2Maintain for a month1600-1748The probability of fluctuations between them is high, and then waiting for the epidemic to gradually control and reach a turning point before gold can truly begin to rebound and fall. Therefore, it is very likely that in terms of time6From the beginning of the year to the beginning of the month, in terms of time cycle3Gold is showing a clear upward trend in the month, entering into3A wave appeared after the month1700-1450Great plunge, but due to insufficient liquidity, unlimited in the Federal ReserveQEAfter providing sufficient liquidity, gold began to soar and even broke through1700Pass, this indicates3After the month, it is not a downward trend, but currently it cannot be completely said to be an upward trend. From a spatial perspective, it is a large-scale fluctuation, which means3月份到现在整体其实是一个超大区间波动，只不过是波动空间太大，在更短的周期上看是趋势行情，但你退一步出来看就是区间波动，那么12Month to3month3The period of one month is on an upward trend,3month-6The month should be a volatile market, but there is a lot of room for it. Wait until6A new trend market will only appear after the month, and it is likely that the epidemic has reached a turning point. As mentioned before, once the epidemic reaches a turning point, gold will fall6月份后黄金很可能走下跌趋势了，到时候将走出持续回调的走势，不再是来回震荡颠簸没有真正方向，这是未来中期需要注意的节奏。
        Short term looking to soar1748后受阻连续调整，昨天探底1671附近支撑回升出现一波反弹，盘中反弹最高到1702附近回落震荡，为什么会反弹那么多，是因为美盘时间crude oilfutures5月合约暴跌到负数，导致避险资金进入黄金避险，所以反弹幅度稍微大些，不过很快原油期货将交割完成，那么这波避险很快将退去，之后行情将会继续下跌，当然如果这两天行情还是向上反弹突破站稳了短期线，那么说明多头又回来了，后期不排除直接冲击1750even to the extent that1800关口，如果这两天震荡后受阻再1700关口下方，行情仍然有继续继续下跌并跌至更低的位置，日线目前看只要跌破站稳短期线并且短期线粘合死叉，就能进一调整，只差一点点，就看这两天1700附近关口的多空争夺，今天关注支撑1685-1670, falling below1670将冲击1650-1620even to the extent that1600关口。压力在1700-1708，若突破站稳压力区域将冲击1720-1725And then1740-1750压力，再突破就是1800了，整体看短期震荡颠簸需要等待进一步突破走出方向，个人更倾向于震荡后继续调整，不过最终以突破为准。(Band Midline Trading Opportunity Reminder:1690-1700Layout empty orders, target1660-1640-1620)

        4小时反弹震荡，目前处于短期线附近运行，短期线粘合金叉形成，中期线走平粘合，MACDSmooth bonding,KDJ向上运行，指标方向不明显。黄金4小时跌破趋势线支撑和1700关口后进一步调整到了1670附近，跌到这里其实已经完成了短期下跌空间，之前区间在1740-1708，大概30多美金，跌破1708-1700After falling to1670已经完成了空间，那么是不是见底要上涨了呢，不一定，虽然会出现反弹，就像昨天那样，但反弹只要不能重回1700-1708上方，就仍然在空头掌控范围之内，反弹后受阻将有望进一步下跌，中期线走势也正在转换，未来只要跌破1670新低将使得中期线顺利转为向下，到时候下跌持续时间和空间将大大延长，这样就可以看空到月底，当然如果重新突破站稳1700-1708，那么重新转空反弹冲高到月底，还有一种情况就是既不突破1740，又不跌破1670，在此区间震荡到月底，注意节奏，短期趋势还是要以突破为准，可以突破后跟进，其它时间观望，但不要去追涨杀跌。
pressure1700-1708-1720-1725-1740-1748-1800
brace1685-1670-1650-1620-1600-1570-1500-1450-1400-1350
Spot gold:
1.   1675Short positions nearby, stop loss1670, Objective1680-1690-1700-1708-1720-1740
2.   1695-1700Short selling, stop loss1710, Objective1685-1670-1650-1620-1600