Fei Yifei: Gold accumulates energy and waits for the annual meeting, with high altitude as the main focus and low altitude as the auxiliary

Regardless of the potential risks involved in investment, being able to reasonably transfer or control risks is equivalent to having no risk;On the other hand, no matter how much potential venture capital there is, even a little bit, if the risk is not well controlled, there is still a possibility that100%;For those who dare not take any risks, it is one of the biggest risks.

The reason why the market maintains such a narrow range consolidation is mainly due to waiting for Jack Howe's global annual meeting this Friday, and the focus of the meeting is undoubtedly on whether Yellen can reveal more clues about the Fed's interest rate hike. Prior to this, the Vice Chairman of the Federal Reserve and the Chairman of the Federal Reserve of New York each made relatively tough remarks on interest rate hikes, including putting September's rate hike on the agenda. It is unknown whether Yellen's speech this Friday is laying the groundwork, but at least we can see that the pace of the Federal Reserve's interest rate hike is getting closer, boosted by the economic recovery. Therefore, in the short termgoldIt is not impossible for the demand under pressure to be supported at a lower level, perhaps1300The checkpoint is a station.

The speeches of Federal Reserve officials did not reach a consensus, but recent speeches from various parties show a hawkish tone towards their monetary policy wording. Yesterday, new home sales in the United States unexpectedly increased in July, reaching the highest level in nine years, which is also expected to boost the third quarterGDPGrowth, it can be said that the expectation of interest rate hikes within the year is constantly heating up.

Gold: forming a weak trend of three cathodes at the daily level, but below the eye1330The support at the checkpoint is still effective. Prior to the news, the market has been consolidating within the community, with clear and effective top features on the daily line. At the same time, the price is running on a downward trajectory, and the short-term indicators are not well matched. Once the level breaks down, it is bound to increase volume and expand the space.4In the early hours of the week, the consolidation did not break the trend line support, so after a long period of consolidation, it can effectively break through the level. The spatial strength should not be underestimated. At least currently, the short-term indicators are developing well and tend to be bearish. Therefore4Maintain bearish sentiment during the hour. Sorting is accumulating momentum, waiting to break through. The direction is clear, firm and decisive, and the rest is only waiting for time to exchange space, below the golden zone1330Support can break through, below1320This will be another turning point, if the news becomes bearish, then this round of bearish development will reach1300The gateway is not impossible.

　　crude oilAsphalt: In the evening, Iran issued a positive signal that may support a joint oil action to boost the crude oil market. The short-term rise in the US oil market saw the increase expand to1.2%Breakthrough48The highest touch at the US dollar level48.32，KThe line recorded a big positive pole that directly penetrated the moving average system, once again pulling the market up toMA60Near the moving average, continue to follow above48.2Short term pressure on the US dollar. Overall, the best strategy for public account fees today is to prioritize high altitude and prioritize low altitude.

Suggestions for spot gold operations:

　　1342Short selling, stop loss1347, Objective1320。

Ninggui Asphalt Operation Suggestions:

　　1Suggestions4630-4650Short selling, stop loss40Point, target4420；

　　2Suggestions4450Long nearby, stop loss40Point, target4650。