Hao Chengbin: Gold1955Upward oscillation, reference direction for evening market strategy

    goldMessage analysis: Tuesday（9month15On the same day, the US dollar index fell slightly during trading as the market's optimistic expectations for vaccine development and large-scale corporate trading improved risk appetite. Gold continues to rise, despite recent stock market gains, investors expect11There will be more turbulence in the market before the US presidential election, which will have a boosting effect on gold. In terms of data, this week's Federal Reserve interest rate decision is undoubtedly of utmost importance, and it is expected that Federal Reserve officials will reiterate their dovish stance at that time. Investors are relatively cautious before the data is released.


    International gold market analysis: Gold hit the bottom as scheduled yesterday, then rose, and the overall trend is in line with expectations! The overall trend of the European market is weak, with prices breaking out of a volatile and falling pattern after the morning bullish line rose. Before the US market, prices fell back to the starting point of the morning rise, and then the market stabilized1940The volatile and weak trend of the European market did not affect the strength of the US market. The US market went in the opposite direction and rose, with a large bullish line directly breaking through the morning high point. This is a reflection of the market's strength, breaking through the intraday high point. In addition, the closing was basically at a high level, which stabilized the strength of the US market.


    Gold held on yesterday1938The low point fluctuated upwards and closed higher, regaining the previous day's rebound high point. The daily closing is a bullish line with a double crossKAfter the candlestick, it turned positive and recovered. The style of short-term wide fluctuations has not changed, and the difficulty of short-term trading is also not small. The recent market trend has been fluctuatingVType reversal is too common, whether it is an upward or downward trend, the current closing of the daily chart is still seen as fluctuating.4Hourly single positive pull up and recover lost territory,KOn the line structure, there is too much consolidation, which drives the short-term moving average upwards. The hourly chart has been updated three times in a row1940Nearby stabilizing and rising is a triple bottom pattern. Today, the upward trend is expected to continue, but we still need to pay close attention to the downward trend line1975The nearby defense is not breaking through at this position, and the short line is still volatile, unable to move unilaterally for the time being. Overall, in terms of short-term trading strategy for gold today, Cheng Bin's personal suggestion is to focus on a pullback and buy long, supplemented by a rebound at high altitudes, with a focus on short-term operations above1975-1980Frontline resistance, short-term focus below1960-1955Frontline support.


    Evening strategy ideas; Mainly focusing on long positions through pullbacks; Bounce up to1970-1975If there is no effective breakthrough in the area, consider entering the air. Fallback to1960-1955The region can become an effective support for many. If you are unable to grasp the timing of entry or have friends who need to lock the warehouse and set orders, you can contact the author, Teacher Hao Chengbin. (Guide WeChat)hyds0002  Official account: Cheng Bin Lunjin)


    Investment itself is a game, not only a science, but also an art. Most people may not understand investment and think it is just a simple way to make money. However, the true meaning of investment lies in the ability of investors to learn how to use and control money, that is, the ability to make money. As a financial investment, it is a very special investment. For us to operate, we should mainly follow the trend. For ambiguous long and short positions, do not enter the market. The profit is not high, the risk is not small, and more importantly, it tests the change of trading mentality. The key to winning is to leave the market with small gains and ensure safety. Respect the trend and follow the trend, avoid arbitrariness and confusion, and accumulate small victories for big victories. This way, you can Become a winner.


    The above article was written by Hao Chengbin. If reprinted, please indicate the source. The article has a lag, and due to the delayed nature of online publishing, the intraday market is volatile. Readers are advised for reference only.