Xu Bohong:4.30Gold stabilizes after the Federal Reserve1700Can we continue to be bearish?

Article Summary: 1goldPreface; II4.30Yesterday's market review of gold; 3、 Why did gold soar yesterday? What do you think of the end of the month today?; IV4.30Analysis of gold trends and operational strategies; 5、 Message from Xu Bohong;
　　
——Golden Preface——
　　
　　各位好，我依旧是徐博鸿，每天为你发布foreign exchange黄金方方面面的资讯，欢迎各位私下找徐博鸿一起探讨！昨日黄金深陷在1701-1713In the midst of fluctuations between communities, there was no new breakthrough in the market even after Powell's speech. The overall trend was single, with back and forth fluctuations in the market. Bohong also had no way to deal with such a situation. The market did not experience a sharp drop as expected by Bohong Budget, even though it rose strongly in the evening, it also fluctuated and fell back. Despite yesterday's dismal market situation, Bohong still adheres to the goal of steady profits and cautiously provides operational advice to students, achieving overall short-term gains14A profit of one point. Due to Bohong's excessive caution, Bohong gave up a lot of profits, which was perfect for yesterday's earnings. However, Bohong is not regretful about this. After all, in the face of numerous market events and unknown impacts, Bohong believes that caution is the only way to stabilize profits and achieve longer-term benefits.
　　
　　——4.30Review of Yesterday's Gold Market——
　　
The international spot gold week in Sanya opened early in the morning1707.44dollar/Ounces, highest rising to1716.90dollar/Ounces, lowest dip1696.80dollar/Ounces, closing1712.26dollar/Ounces, up5.28USD or0.31%。
　　
——After Powell's speech, gold stabilized1700Above, can we continue to be bearish?
　　
For yesterday, the overall performance of gold was mediocre due to its deep volatility. As for the reason, Bo Hong emphasized in his morning and evening blog posts, the reason behind this is that Powell's speech had a profound impact on gold,GDPThe data will also be released, and these events may have an impact on gold in the evening, causing market investors to sit still and wait for the events to erupt before making a decision.
　　
So why did gold soar after Bowie's speech yesterday? Yesterday, in the early morning of today2The announcement of keeping interest rates unchanged in the Federal Reserve's interest rate minutes generally indicates a resurgence in risk, which should boost the US dollar and suppress gold. However, Powell stated that he is not in a hurry to raise interest rates at the moment, nor is he clear about how long zero interest rates will last or when there will be further interest rate hikes, etc. His comments did not reveal any news that the market hopes to know, which relatively suppressed the market's enthusiasm. Therefore, he did not alleviate the market's panic at the moment. As a result, the US dollar fell, and gold rebounded and rose, which led to the rise of gold. Of course, you don't have to overly speculate about what the Fed will do in the future. Just pay more attention and wait for the Fed's clarification.
　　
So after the Federal Reserve, gold stabilized1710Above, can we continue to be bearish? Firstly, the Federal Reserve has not shown excessive information at present, which is relatively biased towards suppressing the US dollar. And yesterdayGDPDue to poor data performance and market expectations, we still need to consider breaking the gold level first today1720-1730And welcome a return1740The possibility of regional bullish outbreaks. After all, today is also the end of the month, and coupled with the recent market reshuffle, we need to handle this with caution.
　　
However, overall, personally for Bohong, I am still firmly bearish. As for the reasons, we can review Bohong's recent blog posts and won't go into further detail here. So for today, Bohong will continue to rebound and short mainly. Gold is rebounding without breaking through1720-1730In this case, Jian*Empty thoughts are sufficient. Of course, if there is an unexpected breakthrough1730Everyone, please continue to wait1740-1750Regional layout for medium and long term empty orders is sufficient. Below, focus on the following1692-1690Gains and losses. And there will be another release of unemployment benefits data tonight. Please pay close attention to whether this data can break the current volatile trend. Due to the recent market volatility and unpredictability, please remember to strictly control your position and stop loss during the operation process, and be cautious of unexpected market washouts.
　　
　　——4.30Analysis of Gold Trends and Operational Strategies——
　　
Technically speaking, the daily chartM5average*to1716Nearby, once you break through, please pay further attention1720Gateway*Okay, focus on1730-1740region*For the situation below, the key is to focus on1700Whether it can fall below again is sufficient, and further attention should be paid to breaking the level1692Can it fall below the limit? Gold bears can only break below the limit1690In order to truly usher in further bearish bursts, on the contrary, gold may fluctuate in this range.
　　
　　——4.30Gold operation strategy——
　　
　　1Gold rebound1714-1720Short positions nearby: 30%, stop loss3Points, target1700-1690-1660；
　　
　　2Gold rebound1730-1740Short positions nearby: 30%, stop loss3Points, target1700-1690-1660；
　　
　　3Gold falling back1700Long position without breaking nearby: 20%, stop loss3Points, target1710Nearby;
　　
　　4Gold falling back1690Long position without breaking nearby: 20%, stop loss3Points, target1700-1710Nearby;
　　
The above analysis belongs to personal analysis and prediction, and the actual operational strategy is mainly based on Xu Bohong's actual trading strategy. The actual trading strategy can be directly communicated with Xu Bohong.
　　
——Message from Xu Bohong——
　　
I hope everyone can overcome the most difficult stage of market trading and give themselves enough time and opportunities to embark on the path of stable profitability, rather than being overwhelmed by short-term difficulties and pressure. I am Xu Bohong, and I am very grateful for being able to patiently read through some of my personal experiences. At the same time, Bohong also wishes every investor to overcome difficulties and bravely climb the peak of market trading.
　　
This article was written by Xu Bohong on official account:{Xu Bohong}(WeChat:xbh768)The analyst team led by Xu Bohong has exclusive planning, and the article review requires time, so there is a lag. The above analysis only represents Xu Bohong's personal views and is for reference only. Nesting order.Lock order.If the operation is not ideal, please contact the author Xu Bohong for practical guidance. Investment carries risks, so be cautious when entering the market!