Li Wanxi:7month4Analysis of Gold and Silver News and Operational Suggestions for Next Monday

Li Wanxi:7month4goldAnalysis of Silver News and Suggestions for Next Monday's Operations

Friday(7month1day)Next Monday's Independence Day holiday in the United States is expected to see overall market trading light, with better than expected economic data from Europe and the United States. At the same time, many officials from European and American central banks have expressed comfort in the market, further easing concerns about Brexit since last week and supporting market risk appetite. The safe haven US dollar, which recorded an upward trend last week, has fallen this week. At the same time, the expectation of major central banks around the world relaxing policies has reignited in the market, supporting the significant rise of gold and silver in Friday's trading. There's nothing wrong with the transaction, what's wrong is that you're not prepared. How much money a person can accumulate in their lifetime does not depend on how much money they can earn, but on how they invest and manage their finances, and how they find mentors to help them. Add Li Wanxi and Weixinjs6486It's better to change money than to change money. You should know to let money work for you, not for you.

Since6month23Since the British referendum, gold prices have risen6.2%The price of silver has risen11%Outperformed the global stock, bond, and foreign exchange markets, including assets that are often considered safe haven. Looking back at this week, the volatility at the beginning of the week evolved into a bearish trend on Thursday. After repeatedly confirming support, the bullish market broke through and rose sharply on Friday, laying the foundation for bullish positions again. In the third quarter, this upward trend in gold and silver is likely to continue. In terms of the overall cycle, if gold and silver start a bull market, there will be no significant adjustment in the middle. If there is a significant adjustment in the middle, it will evolve into a volatility. So, next week will still be the main strategy of going long with a pullback.

Suggestions for Gold's next Monday operation:

　　1: Callback1333-1335Long nearby, stop loss1328, look at the goal1350Near.

　　2Short selling is temporarily not considered.

Suggestions for next Monday's operation of spot silver:

　　1Silver4060Long nearby, stop loss30Point, look at the target4150-4180；

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　　3Silver4180Short nearby, stop loss30Point, look at the target4100Near.