Da Tian Global: Suggestions for Spot Gold Operations2021-5-25

goods in stockgoldOverview of the current market situation: The overall fluctuation of gold prices yesterday was not too significant, and they still remained at1880Wandering around the front line is still optimistic for many parties, as the fundamentals of the market still provide good support. However, there will be numerous key data releases and speeches from Federal Reserve officials this week, whether gold can further break through or1900Moving forward above the level will be the key focus.
Datian Global Spot Gold Reference News: Gold prices are in the consolidation stage, but are still trading near a four and a half month high. Driven by the weakening of the US dollar, cryptocurrency liquidation, and rising inflation concerns, gold prices have risen to a four and a half month high, as investors await further guidance from several important economic data releases this week.
Today's spot gold market follows:
U.S.A3monthFHFAMonthly rate of housing price index;
U.S.A4Yearly total sales of new homes after seasonal adjustment;
U.S.A5Monthly Conference Chamber Consumer Confidence Index;
2021yearFOMCVoting Committee and Chicago Fed Chairman Evans delivers a speech on economic prospects;
The Chief Economist of the European Central Bank, Lane, delivered a speech at the Peterson Institute for International Economics.
Reminder from Da Tian Global: The US market is very lively tonight. In addition to a few economic data releases, there are also many officials from the Federal Reserve, which may have a significant impact on the market. The overall gold price has remained high and volatile since last week, so the recent data will form a new round of stimulus.
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From the daily chart of spot gold, although the overall gold price remained atMA5The moving average supports upward movement, but today gold prices are showing signs of breaking through downwards, and prices are being testedMA5The support effect of the moving average and the superposition of price dropsKDJThe impact of higher indicators and the probability of gold prices falling back from high levels in the future are constantly increasing. It is important to pay attention to the followingMA10The support effect of the moving average, if it falls below the support of this position, the future gold price may further increase1845Frontline callback.


From spot gold4According to the hourly chart, the gold price has maintained a high and wide fluctuation trend recently, breaking through twice1890After the failure, the current price has started to decline from a high level,MACDThe double line dead cross downward opening of the indicator indicates that the adjustment of the top deviation of the indicator will continue further. It is recommended to pay attention first during the daytime todayMA5The pressure effect of the moving average, please pay attention below1865The support situation at the front line position.
Pressure:1880-1888-1900
Support:1870-1860-1850
Suggestions for today's spot gold market operation:
1879-1880Look at the range, target1875-1871, Risk control3USD.
1870-1871From the perspective of range, target1875-1879, Risk control3USD.
Upper rupture1883Look up, goal1886-1890, Risk control3USD.
Lower rupture1868Look down, goal1864-1860, Risk control3USD.
1890-1891Look at the range, target1886-1882, Risk control3USD.
1860-1861From the perspective of range, target1865-1869, Risk control3USD.
Upper rupture1894Look up, goal1898-1902, Risk control3USD.
Lower rupture1858Look down, goal1854-1850, Risk control3USD.
The two major goals are to gradually stop profits and increase profits.
Reminder from Da Tian Global: Strategic recommendations are for reference only. Entering the market carries risks and investment needs to be cautious.