Wan Jinsheng5.19Gold's extremely weak decline continues to be bearish, what should we do if gold is covered in multiple sheets?

　　goldThe previous surge was as strong as the current decline, and as the saying goes, the horizontal one is as wide and the vertical one is as high. Everything is a cycle, repeating itself. From a daily market perspective, most of the Asian market has limited volatility, with the market mainly concentrated in the European and American markets. Currently, during summer time, the European market3:30Opening, Meipan8:30Opening, usually to11:30The market has come to an end, and within three hours, the market has basically gone. If there is no market, don't hold onto too much hope. It's time to go to bed. In the early morning, most of the consolidation is sideways, with very few major fluctuations. This is the daily cycle. You can think of this as a pattern and also the rhythm of market operation. Analyze the specific market situation and specific operations, guide teachers to avoid risks, make the right orders at the right time, and do not make meaningless fools.

In terms of market conditions, gold fell extremely weakly and the daily line was six negative and one positive, directly breaking through1970Watershed1952The entire decline2079—1952achieve127The long trend and rhythm of the US dollar have been disrupted, and the market has directly turned short. Today and Friday's close is still looking at a cyclical decline. This round of decline, regardless of its size, has not shown any rebound, with the target directly pointing to the daily channel's lower track and the 100 day moving average. Generally speaking, at the daily level, no matter how high the price rises or how deep the price falls, it must not deviate too far from the 100 day moving average. If the deviation is too large, there will be adjustments to the indicators. The market will fluctuate around the 100 day moving average, forming a relatively stable trend. This is the technical explanation that if the price rises too much, it will fall, and if the price falls too much, it will rise.

In previous analysis, Jin Sheng emphasized that MeizhiriKTrend line pressure103.9Only one step away, today is the key. Successfully broken open the upper space to see105.8Suppressing the decline will continue the bearish trend, which will directly affect the next trend of gold in any case. For today's gold, it is bearish first, with a focus on the early rebound1964—1965Trend line pressure empty, stop loss1972, look at the goal1950—1940! Focusing on the decline of the European market, the weak position of the European market breaks through, and the evening draws a second empty look1930Frontline; European rebound station1970Just look at it in the evening.

In terms of trading, gold directly fell below yesterday1970Both large and small support did not rebound, and the decline was extremely weak. We1975Multiple stop loss orders1968, break through and draw back1970—1971Empty stop surplus1955. The market trend exceeds expectations, and trading needs to be adjusted in a timely manner. In yesterday's analysis, Jin Sheng emphasized that the focus should be on the watershed1970Under the situation of breaking the limit, the market will turn short and fall. The first game rebounded incorrectly, and the second one was easily won by taking advantage of the situation. The significance of teacher guidance is not to ensure that each order is 100% profitable, which is not realistic. Instead, it is to be able to respond promptly when errors occur and provide the best adjustment to reduce losses and expand profits, and turn defeat into victory. If you let yourself carry it or lock it up, no matter how hard you struggle, it will be difficult to move forward.

　　——Text/Wan Jinsheng/Work duplicate sign/Jinsheng Bojin (Guidance:848331077orXJWMX33）, Please indicate the source for reprinting, investment is risky, and you should be cautious when entering the market!