Ning Caijin:6.18Gold is up or down today, missing out is half a lifetime

　　Ning Caijin:6.18gold今日是涨还跌错过就是半生


When others are making profits and you are still losing money, what support do you have for your unwillingness? Are you comforting yourself? Many people actually know that they are painting cakes to satisfy their hunger, but they are unwilling to face reality and are committed to pursuing empty joy.Many people believe that the recent market fluctuations are too fast to make a profit, but in the eyes of Ning Caijin, as long as there are fluctuations and the entry point is grasped well, there can be profits!



    ​    ​Successful traders view trading as a serious task and, like any business, require sufficient funds. Taking any risk without sufficient funds is a failure, and due to insufficient capital, traders are at a serious disadvantage from the beginning. That's why Teacher Caijin has always emphasized the issue of minimum threshold!


　　——Golden News——


Wednesday(6month17day)In the European market, gold prices continued to decline, with the highest daily drop exceeding15USD, lowest touch1712.47dollar/Ounces, breaking a two day low. According to the analysis, market sentiment is optimistic, which is one of the key factors for gold price pressure.


The Federal Reserve has announced the start of purchasing investment grade US corporate bonds, and the Trump administration is considering1The trillions of dollars in infrastructure spending have provided good support for global risk sentiment.


The weakening of the US dollar(Probably because the yield of US treasury bond bonds fell again)It will provide support for gold, rather than attracting some bargain hunting.



　——Analysis of Gold Market Trend——


From a daily perspective, gold closed with a cross star yesterday, and the three tracks of the daily Bollinger Belt continued to compress. The candle chart remained fluctuating near the mid track, while the daily indicatorsmacdContinuing to stick to the zero axis indicates that the daily trend is still dominated by oscillations. But daily agility indicatorsstoThe downward repair of the hook indicates a weak pattern of daily fluctuations. At present, the daily moving average is winding around the medium rail, while the moving averageMA5andMA10The interval is1727-1718.The high point of the candle chart on the daily chart is also constantly moving downwards, indicating the weak oscillation of the daily chart. And yesterday's high point has become the focus of our attention today.


From4From an hourly perspective, gold prices have slightly declined under pressure,MACDThe green kinetic energy column remains unchanged,KDJRandom indicators have turned lower, indicating that gold may continue to fall under pressure in the short term. Gold is on a downward trajectory1704Support is currently rebounding and has now retraced to near the lower track, with the upper focus on Monday's high1735Nearby resistance, followed by upper rail1740Nearby resistance, breaking the limit will return to the upward trend; Below, let's focus on the lower track area of the Bollinger Belt1710Support, once the position is missed again,1700The day is just around the corner. The current technological level has reached its peak and is facing a retreat in the short term. Overall, in terms of short-term operations todayNing Caijin suggests mainly short selling through rebound, supplemented by long selling through pullback. Top Focus1735-1740Frontline resistance, focus on below1705-1700Frontline support.


After persisting in market analysis for so many years, the level of Caijin is evident to everyone. The important thing in a person's life is not how much they have received, but how much they have given! I hope that Caijin's article can bring benefits to friends of retail investors and have a smooth sailing in their future investments.



I amNing Caijin，每日为你解读经济要闻，研判市场情绪变化，剖析投资趋势，传递有价值的投资理念，对黄金、crude oilWe have in-depth and unique insights into major global financial markets.


Editor of this article: Ning Caijin