Bo Hu Lun Jin:4.16Gold maintains an upward trend, US market analysis strategy for the future market

Nongfu Spring is advertising over and over again, not to make you buy immediately after seeing it, but to tell you about their persistence in water quality. Mercedes Benz stands up billboards one by one, not asking you to go immediately4SThe store collects the car, but tells you their attitude towards the car. I send suggestions time and time again, not to make you come to me immediately. Just wanted you to know aboutforeign exchangeInvestment, we are professional. Deep Analysis of the Reasons for Investment Losses: Bo Hu's Discussion on Financial Education Teaches You the Skills of Watching the Market, Safeguarding Your Investment Path

Message face:

Fundamentals: US bond yields have significantly declined,goldBringing significant benefits and rising sharply.

Friday(4month16day)The rise in gold prices was mainly due to a significant decline in US bond yields, which brought significant benefits to non yielding gold and supported a significant rise in gold prices.10The yield on one-year US Treasury bonds is on Thursday（4month15Japan) unexpectedly fell and touched3Five week low since mid month. According to data released within Thursday,3Monthly retail sales "horror data" recorded over10%Strong growth rate, while the number of initial claims for unemployment benefits further decreased last week57.6Ten thousand is the lowest level in over a year since the comprehensive outbreak of the epidemic. And before,3The consumer price index in the United States rose even more than expected year-on-year in January2.6%. Since the beginning of this year, the key driving force behind the rise in US bond yields has been the improvement of the US economy and the expectation of upward inflation. The explanation given by market strategists is that although the US economic data has shown strong performance, many traders tend to believe that this is a peak of economic recovery artificially piled up by previous fiscal stimulus measures, which may reach in the first quarter10%After exceeding the expected economic growth rate, the US economy will gradually return to its prototype in the second half of the year. As a result, the Federal Reserve and the global central banks also dare not let go easily, which also enables the short selling of treasury bond bond assets to still receive demand, thus curbing the further rise of bond market yields. Generally speaking, in the context of a significant improvement in the economy, the expectation of the Federal Reserve tightening its policies and raising interest rates will rise, driving the strength of US bond yields. However, from the recent speeches of Federal Reserve officials, especially Chairman Powell, it can be seen that they still feel concerned about the economic outlook, especially the uncertainty surrounding the global pandemic. Therefore, unless inflation is indeed out of control, the Federal Reserve's easing support will not decrease in the short term. This also deprives the trading action of continuing to sell US Treasuries of its foundation.

Technical aspect:

From a technical perspective, gold rose above its previous high yesterday and reached1770Nearby, the previous oscillation range has already broken through, and the daily double bottom pattern is perfect. As long as there is no waterfall like pullback, the direction can be basically determined.4Hour, Brin with opening,KThe line steadily pulls upwards along the Bollinger track, with a trend greater than anything else. It has opened up the space for bullish upward movement, and the next goal is to test1785-88Nearby pressure. Fundamentally bullish news may not support bulls' continued upward movement1785-88A line of resistance. Overall, in terms of tonight's operation strategy, Bo Hu's discussion on gold suggests rebounding high-altitude operations, with a focus on short-term operations above1785-1788Frontline resistance, short-term focus below1768-1772Frontline support.

Bo Hu's Message on Gold: As a lone soldier, do you feel like you are walking on thin ice in this financial market and struggling to move forward? If you are tired of unproductive investments and lost in the foggy market; If you suffer losses one after another but feel unwilling. So, it's time to change the status quo. Good birds choose trees to live on, your choices determine your future!

The above views only represent the personal views of Bohu Lunjin. Thank you for your continuous support. Welcome to share, share, and comment, let's grow together! If you feel that the above views on Bo Hu Lun Jin are helpful to you, you can try adding Bo Hu Lun JinvxNumber“KD1394”Every day, there will be timely analysis of the gold strategy, as well as real-time guidance and one-on-one consulting services, dedicated to answering every investment challenge you face.

Comprehensive guidance teacher: Bo Hu Lun Jin Micro（KD1394）

Direction guidance time: early7：00In the early morning of the next day2：00

Wen/Bo Hu Lun Jin