Fei Yifei: Gold Touches1338Bounce in position,1335Long position

　　
If we have firm long-term investment expectations,So short-term price fluctuations are meaningless to us,Unless they give us the opportunity to increase our shares at a cheaper price!
　　
　　goldThe story of triangulation is still ongoing, starting from the high point of the year1375Since the decline, a month has passed and the gold price has not achieved an effective breakthrough. It has only been hovering back and forth within this range, rising or falling, driving the tension of many investors. After the release of non-agricultural data at the beginning of this month, gold plummeted nearly30Starting from here, the trend of gold has been reorganized into a small triangle based on the original triangle consolidation. This small triangle range is the space for two consecutive weeks of gold fluctuations after non-agricultural activities. The two triangles, big and small, together form the trend chart of gold prices for this month, which is a major outline of gold.
　　
Let's subdivide this contour and start from the high point within the year1375From the beginning of the decline until the release of non-agricultural data this month, the triangular consolidation pattern of gold began to take shape, marking the beginning of trend formation. The trend of gold bottoming out and rebounding, with its high and low points closely following the top and bottom of the triangular pattern. Every time I think about this, I can't help but feel regretful, even though everyone is crazy about bullish gold at this time. The expected pullback of gold is just that I will1305The target has been lowered to1265Overestimated the magnitude and intensity of gold's pullback, resulting in the lowest gold price1310Afterwards, it began to rebound.
　　
The next stage of gold is from the first trading day after this month's non-agricultural data until last Friday for a full two weeks. During this period, gold fluctuates in a new triangular shape. It is also at this time that I propose a new perspective,1330-1338There will be room for adjustment in gold prices,1338-1362This will be the upward space for gold prices, and based on this perspective, the fluctuations between the top and bottom of gold in the past two weeks can be well explained. Last Friday, gold approached the upper track of the Little Triangle1255of1352Position drops, reaching the bottom track of the small triangle at its lowest point1338Position rebound10The trend of the US dollar is very consistent with the author's viewpoint above.
　　
All of the above is a summary and organization of the analysis approach during this period. Based on this approach, I believe that most investors in the past period should have been profitable. As for friends who still maintain a skeptical attitude, I would like to say whether you believe it or not. The fact is here. Gold is slowly moving forward in this triangle shape that has been maintained for a month, waiting for breakthroughs that may come at any time. Our thinking and strategy have once again proven ourselves. Our strength is beyond doubt, surprises are always present, and opportunities are still there. Keeping up with the pace of Teacher Yifei, profits are not as difficult as you imagine.
　　
Entering this week, the gold triangle range has been broken, and several Federal Reserve officials made hawkish remarks last Friday and weekend, helping to boost the US dollar. Market expectations for interest rate hikes have heated up, putting pressure on gold and causing it to fall. However, despite this, gold prices continued to strengthen after opening low on Monday, including today's opening. The trend of gold was not as weak as most people in the market imagined, but rather operated between the two triangular patterns of size and size, as mentioned by the public account Fei Yifei1338The position is a dense resistance area for gold prices, and breaking through the gold price will return to normal. At present, the focus of the market is on Yellen's speech this Friday. Although several Federal Reserve officials have made hawkish speeches before, considering that investors are not optimistic about any hints in Yellen's speech9The content of monthly interest rate hikes will generally be beneficial to gold.
　　
Spot gold trading strategy:1335Long, stop loss4Point, look at the target1345
　　
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