Chen Jiazhe: Analysis of Gold Today's Market Trend and Guidance on Operational Suggestions

When you see this article, I already understand that you are currently facing difficulties. First of all, Chen Jiazhe wants to make one point. It is a fate that you can see my article among millions of analysts. Since it is a fate, I hope to maintain it, find me, and communicate with me. So, the difficulties you are currently facing may be just one of the many examples that Chen Jiazhe has seen since becoming an analyst, So you can share all the problems you encounter with me, which not only allows you to learn more knowledge from me, but also to understand more principles. You can even continue to survive and make profits in this unpredictable market. Of course, you are currently continuously losing money, so you should ask yourself in your heart where the problem lies, or do you say that I lack a teacher who has a good understanding of myself? So I think as long as you carefully read Chen Jiazhe's article, you will definitely gain something and seize a straw in the current predicament.

　　【goldTrend Analysis

Last week, gold first rebounded, followed by a correction, and then experienced an abnormal upward movement before non agricultural activities. However, on Friday, the non agricultural unexpected beauty triggered a significant rebound in gold. Prior to the unexpected rebound, the daily line closed with a negative line and the weekly line closed with a small positive line. The pressure was measured to10Near the weekly moving average, according to the weekly structure, short-term gains may be temporarily postponed. It is highly likely that there will be some correction adjustments this week, but the space is not expected to be very large. Below, we can focus on5Weekly moving average1750Nearby support.

In terms of daily structure, although the gold trend was a bit messy last week, the structural pattern is still very clear. Thursday's abnormal pull up and pressure measurement60The pressure near the daily line has led to a technical overbought market and a top deviation in technical indicators, which has also made room for the situation of non agricultural banks on Friday. After the non agricultural period, gold significantly retreated and fell back to5Daily line1775Below, although it will eventually close near this level, the adjustment signal at the daily level is still clear, and there is a probability that the market will continue to retreat this week. You can follow below first10Daily line1760Nearby support, if there is a break, then look again1750even to the extent that20Daily line1740Near.

The non agricultural high has fallen, and the bullish factors have influenced the gold high to fall, while the short-term rhythm is still in a weak environment. Therefore, in the short term, pay attention to the long short boundary point,1780On the first line, the rebound cannot reach this position, and there is still expectation of further decline in the future. Secondly, the continuity of the layout at the beginning of the week is mainly seen as following the trend on Friday, and there has been no obvious continuation after the short-term decline. It is necessary to pay attention to the trend opportunities of the European and American markets in the day. The expected volatility of the Asian market will not be significant, and the focus will still be on the volatility of the European market in the afternoon. The US market will be seen as extending.

In terms of trend structure, the short-term high falls and forms a shock after the fall, indicating that there is a chance for both short and long positions to appear, but the main rhythm still has not changed. After the daily line closes with a positive line, the negative line closes and adjusts, which hinders the short-term rebound and presents an alternating closing of yin and yang, leading to the depletion of bullish strength. Secondly, the current high suppression level is also in the1794Near the front line. In terms of intraday layout, the reference point for Friday's rebound and second decline is set,1780The front-line boundary points are the main ones and cannot effectively rise in the short term,1780Suppress the straight line and continue to see the bearish trend continue, if it breaks through1780The frontline is following the trend, mainly from high altitude. On today's gold operation strategy, Chen Jiazhe suggested using high-altitude suppression as the main method for the day, with reference to the point position1780Opportunities near the front line, prices remain high in the afternoon1780The downward fluctuation is still expected to continue in the future.

(Golden Operation Concept) Suggestions1778Close participation, stop loss1785, look at the goal1768-60；

Author's message:

The answer to all questions is never unique and unchanging. Whether the market is going up or down, you cannot control it yourself. Only by keeping up with the pulse of the market can you avoid being eliminated. The market cannot always go up or down, and what is certain is that it will always go right. Risk is an objective, inevitable, and under certain conditions, it also has certain regularity, so we should pay more attention to risk control in operation.

This article is provided by Chen Jiazhe. I interpret the world economic news, analyze the global investment trends, andcrude oilWe have conducted in-depth research on commodities such as gold, silver, etc. The above content is my personal suggestion. Due to the timeliness of online publications, it is for reference only and at our own risk. Please indicate the source for reprinting.