Shi Wanjin:9.16Analysis of Gold Trends and Suggestions for Short term Operations of Gold in the Evening

Once an investment encounters a loss situation, the correct approach is to accept and acknowledge those facts, not reject or resist them. Since the past has passed, let them become the past, say goodbye to the past, do your current position well, and do what you should do now. Position risk management, follow the trend, and if the past cannot be changed, then change the present and future. There are always many disappointments in one's life, but when facing them, we should firmly believe that there is a solution to any problem. Sometimes, it is up to us to change our mindset and approach.
　　
　　goldMessage surface parsing:
　　
Yesterday（9month15World Trade Organization（WTO）Ruling that the Trump administration has a value exceeding2000The tariffs imposed on Chinese goods worth billions of dollars are illegal. from2018Since the beginning of the year, the Trump administration has been focusing on4000Chinese products are subject to tariffs worth billions of dollars, but the US government did not provide evidence to impose tariffs on the products. The delayed justice is againstAThe stock side would be good news, although justice may come a bit late, from the perspective of the financial market,AThe stock has not been boosted by its positive news, after all, forging iron requires one's own strength. What we need to pay attention to is what measures the Trump administration will take next, using extreme pressure since taking office to woo allies and force China's economy to decouple from the world. However, the delayed justice of the World Trade Organization has instead led to the United States wanting to decouple from the world. So we can look forward to the second trade negotiations between China and the United States, and of course, Trump can continue to pressure China to withdrawWTOEtc.
　　
In addition, investors in the evening need to pay attention to the impact of the Federal Reserve's interest rate decision, as the market expects the Federal Reserve to reiterate its quantitative easing monetary policy and relax expectations of inflation.
　　
Analysis of International Gold Market:
　　
Gold closed strongly positive on Monday and continued to rise on Tuesday, but its trend continued to rise, fall back, and break through the bottom, continuing the recent wide range of volatility. Sun Chart Closing Cross YinKThe line, accompanied by the fluctuation of the Yin Yang cycle, follows a one Yang one Yin oscillation pattern, with insufficient continuity in the long and short positions. Yesterday, the first increase followed by a decrease met expectations, and the Asian and European markets relied on it1955Quick high and piercing on the front line1972Regional pressure drops, and the secondary upward movement of bulls in the evening is hindered1970The pressure at the checkpoint has led to a rapid downward trend, ultimately leading to a large-scale breakdown of prices1950Pass and continue down to1948The first line stabilized and rebounded through fluctuations. The downward trend line has not broken through, and the end of the day was under pressure and closed at a low level, with a range of1972-1948Between, it basically conforms to the interval given yesterday.
　　
On the technical side, the low point of gold has risen and the high point has moved up and refreshed, which is currently a signal given. Tuesday's late trading surge and retreat are also the starting point of the previous trading day mentioned in the white market. Due to the recent wide fluctuations in the pace of bearish trading and the weak continuity of bearish trading, yesterday's rapid bottom breaking and pullback in the US stock market was not a signal of bearish turning around,4Hour top to bottom conversion bit1940The checkpoint remains a strong support area for bulls in recent times, with support below1946-1948Area, step back and rely on this support to lower it a bit. Look at the target position above1958-1960On the front line, do not look too far away from the target in operation, as it is easy to fall into a situation of gains and losses. Short term bulls have a strong resistance zone1965-1967At this position, the US stock market is under pressure and can be short handed to see a pullback and a downward trend. The main layout is still high and low in the volatile range. Overall, in terms of short-term trading strategy for gold today, Shi Wanjin'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 trading above1970-1975Frontline resistance, short-term focus below1950-1945Frontline support.
　　
Gold rebounds above1968-1970Short on the front line, stop loss5US dollars, look at the target1960-1958frontline;
　　
Step back below gold1950-1952Long on the front line, stop loss5US dollars, look at the target1962-1964frontline;
　　
Short term fluctuations, mid line bands, and long term trends. The two ends of investment are analysis and trading, while the connection between these two ends is waiting. The core of waiting is to adhere to the ability circle and respect common sense, patiently wait for the best opportunity to sell, and avoid frequent trading is one of the recognized winning strategies. Strictly stop profits and losses when making orders, strictly grasp the points, and strictly prohibit heavy position operations! 2： To make a market, first look at the trend, then at the point, and finally at the time. What I emphasize is my understanding and observation of the market. Whether the operation is right or wrong, there must be a reason for the operation. Reasonable operation, whether right or wrong, requires timely review, which is the true investment.
　　
Wen/Shi Wanjin (Guidance letter:swj178 ）
　　
(Disclaimer: The above analysis only represents the author's personal views and does not constitute specific operational suggestions. Based on this, we will be responsible for our own profits and losses, investment risks, and caution should be exercised when entering the market.)