Fan Chenjie:9.16Analysis and suggestions on the future trend of gold with the arrival of Federal Reserve interest rates

    goldMessage analysis:
    Wednesday（9month16On the day, the US dollar index fluctuated narrowly, and the market was relatively cautious before the Federal Reserve announced its interest rate decision and economic forecast. Spot gold slightly rose, supported by investor hopes that the Federal Reserve will adopt a dovish monetary policy stance. As the Federal Reserve resolution approaches, Chen Jie believes that if dovish remarks are made at this meeting, further explanation of his new inflation target may push gold prices up2000Above the US dollar. In addition, unprecedented monetary stimulus and a low interest rate environment remain favorable factors supporting gold prices, as gold is seen as a tool to hedge against inflation and currency depreciation. Analysts point out that if dovish remarks are made at this meeting, further explanation of its new inflation target may push gold prices up2000Above the US dollar.
    Technical analysis of gold:
    Daily range oscillation; Bollinger Bands closed, and gold prices slightly rebounded above the middle track.MACDAdhesion, reduced kinetic energy,KDJThe golden cross and index are located at60Nearby. From a technical perspective, gold is expected to fluctuate slightly, but its momentum is relatively limited due to the relative caution of investors before the Federal Reserve's resolution. On the upward side, let's first take a look at Bollinger and get on the track1986.70Looking towards further resistance9month1Daily high point1992.48. Looking at the Bollinger Belt on the Track with Strong Resistance2000This is an important psychological barrier, and it is expected that gold prices will continue to be suppressed in the short term at this barrier. Once the price breaks through, it will once again boost the bullish sentiment and be favorable for price testing8month18Daily high point2015.59. Preliminary support below, leave the middle rail of the forest belt first1947.57Further support and take a look at the lower track of the Bollinger belt1908.41. Strong support and key focus1900The gateway is an important defense line. In the short term, it is expected that this level will not easily fall below, but if missed, it may be stepped back on8month12Daily low point1863.16。
    4Hourly wide oscillation; At the four hour level, the three tracks of the Bollinger Belt slightly tilt upwards, with gold prices located between the middle and upper tracks;MACDThe adhesive and red column have weak kinetic energy,KDJDead cross, index at50Nearby. From a technical perspective, gold short-term materials fluctuate in a narrow range. On the upward side, first pay attention to the Bollinger belt on the track1967.68Looking at the previous trading day's high point on further resistance level1972.27; Looking at the front height with strong resistance1992.48. Preliminary support below, pay attention to the middle rail of the Bollinger belt first1952.25Looking down at the rail for further support position1936.85; Look under strong support8month26Daily low point1902.89。
    Gold rebounded at the opening yesterday1958Nearby, it's falling down and exploring1955Rebound again, explore upwards1972Nearby obstructed, the US market fluctuated at high levels on both sides, followed by1970Falling down and exploring1948Nearby, closing1952Nearby, Gold Radical1946Look more1952and1966Dislocation1992Nearby, steady1935Look more1940and1960Nearby, or1966Empty Look1960and1950Nearby, steady1987Empty Look1980and1966Nearby is sufficient. Specific trading recommendations should be based on real-time points. Based on Chen Jie's comprehensive analysis, the main focus is on pullbacks and long positions. However, attention should be paid to the above1990Resistance, attention from below1880Nearby. The market is constantly changing, and the entry points are for reference only. If there is a break, you can also consult Chenjie to learn about the latest market situation. For specific order strategies, please refer to Chenjie's WeChat account for entry points:（fcj66886688）Actual guidance shall prevail!
    Suggestions for Gold Operations:
    Suggest using1945-1947Consider going long and stopping losses nearby5US dollars, look at the target1960-2000Around the US dollar.
    Message from Chen Jie————
    Investment is like playing chess. Those with high chess skills can see five, seven, or even a dozen steps, while those with low chess skills can only see two or three steps. High players consider the overall situation, plan the overall situation, and do not prioritize one piece or one place, with the ultimate goal of winning the game. Low players compete for every inch of land, only for temporary needs, resulting in frequent difficulties. Trends must have a long-term vision, investments must have long-term planning, and layout skills are the key to success. When making investments, if your abilities are not enough to support your current situation, then you need a strategist to help you control the overall situation. A choice is a turning point! One attempt is an opportunity!
    writing/Fan Chenjie