Yan Fuyi:9.15黄金难破昨日高点，1962再看回撤！

　　Yan Fuyi:9.15gold难破昨日高点，1962再看回撤！

　　
　　　
Interpretation of the Latest News of Gold
　　
The European Council recently agreed to join the European Union2020Increase in annual budget62Billion euros to cope with the impact of the COVID-19 crisis, suggesting that the global easing policy is still continuing and will still support the gold price.
　　
The Canadian government has retaliated against the Trump administration's imposition of tariffs on Canadian aluminum, with a total retaliatory tax on US aluminum tariffs reaching36Billion yuan has heated up the trade situation and restricted the decline in gold prices.
　　
The employment data recently released by the United States shows that the number of newly unemployed people still hovers at a high level, suggesting that the recovery of the labor market from the COVID-19 epidemic tends to stagnate, or limit the decline of gold prices.
　　
This week, the three major central banks, including the Federal Reserve, will also announce their interest rate decisions, which may push gold prices out of the adjustment trend
　　

Market hotspots this week
　　
　　1.9month15On Tuesday, China8Month and1-8Industrial added value above monthly scale, UK8Monthly unemployment rate, France8monthCPIData, Germany and Eurozone9monthZEWEconomic Prosperity Index, United States8Monthly Import Price Index, United States8Monthly industrial output; The Reserve Bank of Australia announces9Minutes of the monthly monetary policy meeting,IEAMonthly announcementcrude oilMarket report;
　　
　　2.9month16On Wednesday, as of9month11Day and WeekAPIChanges in crude oil inventory, Japan8Month end and quarter end commodity trade accounts, UK8Monthly and quarterly adjustment inputPPI, UK8Monthly Retail Price Index, UK8monthCPIEurozone7Rose adjusted trade account, United States8Monthly Retail Sales, Canada8monthCPIAs of9month11Day and WeekEIAChanges in crude oil inventory; Japan convenes an interim parliament to elect a new prime minister;
　　
　　3.9month17On Thursday, the second quarter of New ZealandGDPAustralia8Unemployment rate after quarterly adjustment, Eurozone8Monthly and quarterly adjustmentsCPIAnnual rate, United States as of9month12Number of initial claims for unemployment benefits in the current week, United States8Monthly construction permit rate, United States8Total monthly construction permits, United States8Monthly annualized rate of new housing construction, United States8Annual total number of new housing starts per month; The Federal Reserve announces its interest rate decision, while also releasing economic expectations and interest rate expectations on a grid chart; The Bank of Japan announces its interest rate resolution and holds a press conference; The Bank of England announces interest rate decisions and minutes of monetary policy meetings;OPECAnd nonOPECMinisterial level supervisory committees of oil producing countries hold meetings;
　　
　　4.9month18Japanese Friday, Japan8Monthly nationwideCPI, UK8Retail Sales after Rose Adjustment, Canada7Monthly retail sales, US Q2 current account, US9Monthly University of Michigan Consumer Confidence Index;
　　

Analysis of Gold Trends
　　
　　从日线走势分析宽幅震荡；布林带收口，金价徘徊中轨附近。MACDDead forks and green bars weaken kinetic energy,KDJAdhesion, index at40Nearby. From a technical perspective, the bearish sentiment towards gold has weakened. The gold price is in a consolidation trend of moving down from high and up from low, and is currently testing a decline8Resistance to the downward trend line since the beginning of the month1970First line. On the one hand, due to the expected increase in economic recovery, goldETF持仓跌至一个半月新低，警惕存在进一步下滑的空间。
　　


　　四小时方面来看，黄金运行于中上轨之间，盘中涨跌转换，当前布林带有收口迹象，MA5/10It has initially formed a golden cross but has not yet run upwards,KDJThe random indicator three lines turn downward and upward in the oversold area, indicating that gold is currently facing oversold in terms of technology, and there may be a rebound demand in the short termMACDThe adhesive green kinetic energy column of indicators is starting to appear, and there is still a downward risk. Follow the track below1928Frontline support, attention from above1957Resistance!
　　
Recommendations for Gold Operations
　　
Gold1953Multiple entry targets1962-1964On the front line, if it stabilizes1964不破则回撤看跌！
　

So the above is about the trend and analysis of spot gold, without specific operational suggestions. For more current analysis, continue to focus on Yan Fuyi!!
　　　　   
Objectively speaking, in a volatile market, the longer it lasts, the stronger its explosive momentum becomes, and during this period, it will also cause too many people to lose their direction! Lose confidence! Of course, transactions are probabilities, which cannot be denied. But sticking to our original intention until the market provides the final answer, I think this should be the basic condition we must adhere to! It is also a code of conduct that a famous trader should have! The saying goes, plan your trades, trade your plans! Moreover, it takes time for a volatile market to give a final answer?! Adhere to the trading principle of never breaking, never standing, and breaking through and reversing positions! Objectively examine and strictly enforce!






Author of this article: Yan Fuyi
　　
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