Xiong Fuming:5.26Can the decline in gold continue? When can gold break through the thousand seven?

Article Summary: 1goldPreface; II5.26Yesterday's market review of gold; 3、 When will gold bears break out?; 45.26Analysis of gold trends and operational strategies; 5、 Fuming's Message;
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　Golden Preface:
　　
In recent times, some friends have followed Fuming, but because they have just caught up with the operation, they have not kept up with many operations that should be followed. Fuming also understands this situation. Just like work, when you change to a new environment, you have to adapt to new colleagues, adapt to the new work environment, and gradually adapt, and new students also need to adapt slowly. However, Fuming still hopes that everyone can keep up with it alone. After all, Fuming is not a god, and it is impossible to guarantee profits alone. If Fuming has this ability, he can just throw all his wealth into it and wait for profits. Why guide him? Fuming can only stabilize monthly profits. As long as you keep up with all your orders and follow Fuming's instructions, with good stop losses, then profits will not be bad. Finally, I hope that everyone can adjust their mentality and strive to keep up with every order!
　　
　　5.26Yesterday's Gold Market Review:
　　
International spot gold opened in the Asian market on Monday morning1735dollar/Ounces, highest rising to1735.83dollar/Ounces, lowest dip1721dollar/Ounces, closing1728dollar/Ounces, down7USD or0.80%。
　　
　　When will gold bears break out?
　　
As of yesterday, gold opened on1735On the front line, it continued to decline unilaterally in the morning. Although there was a rebound in the afternoon, the bullish momentum was insufficient, and the decline continued in the evening, reaching a minimum of1721First line, followed by an early closure due to US holidays, and ultimately gold closed at1728First line, what will gold look like next? Can gold continue its decline? Please be patient and continue reading.
　　
To put it bluntly, it is still in line with Fuming's thinking, after all, Fuming has been emphasizing the focus on high altitude recently, and the trend of the market is also perfect/In line with the recent news situation, Fuming has also analyzed it one by one. In summary, everyone should recognize one point now. Once the epidemic vaccine is successfully mass-produced and safe haven dissipates, gold will be sold off. If there is an accident with the vaccine, the bullish position of gold will not rise much. After all, the US dollar is currently the first safe haven asset, and gold denominated in US dollars will naturally be suppressed. Furthermore, although the global economic recession caused by the epidemic is supporting gold, it must be said that support is not the driving force, and the world is using various measures to recover the economy. In this case, with the gradual positive news of the epidemic, the suppression of gold will be sustained.
　　
Personally, there is no doubt that Fuming is still bullish on bears. However, in recent times, the spread of bullish information in the market has led to a high bullish sentiment. Fuming also advises everyone not to blindly follow the trend, as this does not rule out the possibility of malicious dissemination of information by institutions and subsequent cutting of leeks. Even if you want to go long, remember to strictly follow the stop loss. As far as today's operation is concerned, the upper level still pays attention to it1738A line of resistance, not breaking short, breaking through the position is in the1750Continue short selling nearby, keep an eye on it below1715Support, do more without breaking through the short term, continue to look beyond the limit1700-1680。
　　
　　5.26Gold trend analysis and operational strategies:
　　
From a technical perspective, the probability of gold prices rising, falling back, and further falling is quite high. The daily chart of gold shows that it closed below last Thursday3month20The recent upward trend line has expanded its decline, although it rebounded in the short term, it still remains below the above trend line, indicating that bears still have a certain advantage. At the same time,MACDThere is a demand for further correction of the top deviation in the indicators, with a double line dead cross and a drop in the measurement column0Below the axis, plusKDJThe opening of the third line indicator is downward, and there is clearly more downward momentum in the future market.
　　
　　5.26Golden Operation Strategy:
　　
　　1Gold rebound1738Short selling nearby  Position: 30%, stop loss3Points, target1720-1700-1680；
　　
　　2Gold rebound1750-1760Short selling nearby  Position: 30%, stop loss3Points, target1720-1700-1680；
　　
　　3Gold falling back1720-1715Do not go long without breaking nearby  Position: 20%, stop loss3Points, target1730-1740Nearby;
　　
　　4Gold falling back1700Do not go long without breaking nearby  Position: 20%, stop loss3Points, target1720-1730nearby
　　
　The above analysis belongs to personal analysis and prediction, and the actual operational strategy is mainly based on Xiong Fuming's actual trading strategy. The actual trading strategy can be directly communicated with Xiong Fuming.
　　
Fuming's Message:
　　
Investment and wealth management are like a golden mountain, containing countless wealth. We don't need or can't pocket its wealth overnight. Why can't we let go of our eagerness to get rich and work steadfastly, step by step, to earn wealth? In Fuming's career in gold speculation, I have always adhered to the investment philosophy: the most important thing in gold speculation is not how much you can earn at once, but whether you can make stable profits and survive for a long time. This is like rolling a snowball. The longer the time, the larger the snowball, and ultimately, the stronger one's ability to handle external interference.
　　
　This article is written solely by the analyst team led by Xiong Fuming/Home Planning (WeChat:xiongfuming1）Please indicate the source for reprinting! The above content is for reference. There are risks in investment and caution is required when entering the market. If you have any questions about the article, please feel free to communicate with Fuming! The specific operational strategy is still based on Xiong Fuming's actual offer. Set order.Lock order.If the operation is not ideal, please communicate with me.
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