Post a new post
Open the left side

Dingsheng Jinshi:8.11Analysis of the trend of gold in the evening, with high gold prices sweeping the market and bearish positions being able to...

[Copy Link]
264 0

Register now, make more friends, enjoy more functions, and let you play in the community easily.

You need Sign in Can be downloaded or viewed without an account?Register Now WeChat login

x
goldMessage surface parsing:


Thursday(8month11In the Asian market, spot gold slightly weakened and is currently trading at1785dollar/Around ounces, overnight gold prices surged and fell due to the US7monthCPIData falls short of expectations, easing inflationary pressure and suppressing the Federal Reserve9Monthly interest rate hike75With a basis point expectation, the US dollar index plummeted to a nearly one and a half month low, and gold prices hit a new high in over a month1807.22dollar/Ounces, gold prices took back all gains in late trading and closed at close1892Around the US dollar, it remained basically unchanged from Tuesday. Wednesday data shows the United States7The slowdown in monthly inflation exceeded expectations, which boosted expectations that the current rate hike cycle of the Federal Reserve would not be as aggressive as previously expected. The US dollar index weakened significantly and briefly hit7month1Recently, it has reached a new low104.63However, there was a slight rebound in the late trading session as Federal Reserve officials continued to deliver hawkish speeches and closed105.23, with a decrease of approximately1.02%; Other non US currencies generally rose.


Overall, although the United States7monthCPIThe data was lower than market expectations and the US dollar weakened significantly, providing support for gold prices. However, this factor has been initially digested by the market, especially after Federal Reserve officials continued to deliver hawkish speeches, gold prices recouped all their gains, and the stock market's surge was also unfavorable for gold prices. Technically, bullish signals have weakened, and there is even a risk of a return to a downward trend. Of course, the geopolitical situation is still tense, and it is still necessary to pay attention to the support of bargain hunting, But the gold price needs to break through1800Only through the gateway can we open up further upward space.


Gold Technology Analysis:


The gold white market continued to fluctuate and repair, falling to expected support1783On the first line, there was a rebound in the midday market, mainly due to the weakening of the US dollar, which also led to the return of gold1790Above, and currently undergoing retesting1798-1800The possibility of.


From the rhythm of gold's trend within the day, it can be seen that there is a demand for adjustment and repair of gold's own structure. However, the white market continues to fluctuate and rebound, and the reason is still influenced by the weak US dollar. However, although gold is currently rising, there are still conditions for adjustment in the hourly chart level technical form. However, even if the US dollar continues to decline in the evening, it has always given bullish hope to gold. As for the actual upward momentum, it is difficult to judge. Therefore, do not have too optimistic expectations for gold's rise, as the technical bullish expectations are not strong and there is not much room for improvement. If the backlog of technical repair demand is not released, There may be a risk of further decline at any time.


In terms of operation, it is advisable to conservatively choose to wait and see at night, temporarily avoiding the contradiction between the current gold technology trend expectations and fundamental expectations. For radicalism, we will continue to refer to the needs of technology trends and mainly try to choose high and short short positions, but it is only limited to ultra short term participation. We must be extremely light positions to prevent the risk of market fluctuations again.


Golden Operation Concept:


① In the evening, radicalism can be found1798-1800Try short air again, if the pressure reaches1802/03Short positions can also be filled, but the overall position must be kept in an extremely light position with strict stop loss measures1805Above, look down at the target1793-90The region will reduce the position, change the principal and stop the loss, and continue to look towards the remaining orders1783-80Area, i.e10Competition for daily position.


② Although gold is currently relatively strong, it is difficult to determine the pace of this rise, and the risk of participating in multiple orders is extremely high. Therefore, we will not participate in any multiple orders for the time being.


  crude oilOn the one hand, today's morning trading has always been dominated by a bearish approach, but there has been almost no opportunity for a pullback within the day. In the morning trading, the market has maintained a high level and has directly risen after a sideways trend, with a focus on the evening94.4-6A frontline opportunity, only consider taking this opportunity once in the day. If you directly fall back and place multiple orders, will you still be91.3-4It's best to participate nearby.


Serve as an analyst and commentator for well-known financial channels such as "Golden Net" and "Globalforeign exchange》Professional contributors to several well-known financial forums such as "Huitong Net" and "Zhongjin Net", specializing in short, medium, and long term operations of gold, crude oil, and silver. Investment is risky, and caution should be exercised when entering the market. Suggestions are for reference only; This article is original by Dingsheng Jinshi, who carefully writes every analysis and conveys valuable investment concepts. If there is any similarity, it is purely plagiarism. Readers should be discerning and respect originality!

"Small gifts, come to Huiyi to support me"
No one has offered a reward yet. Give me some support
comiis_nologin
You need to log in before you can reply Sign in | Register Now WeChat login

Point rules of this version

Pepperstone-4
more

Customer Service Center

238-168-2638 QQcustomer service Monday to Friday 20:00-24:00
Quick reply Back to top Back to list