First Gold Momo:3/6Gold analysis recommendations

Fundamentals:

Spokesperson of the South Korean Ministry of Unification, Jung Chun hee: North Korea's missile launch violates United Nations resolutions. South Korean military: North Korea launches missiles at an altitude of260Kilometers,The launched unidentified flying object fell into the Sea of Japan.. The probability of North Korea launching intercontinental ballistic missiles is relatively low. South Korean military speculates that North Korea launched a total of missiles this morning4Ballistic missiles. Urge the military to maintain a state of readiness, and South Korea will "strongly" respond to any North Korean threat. South Korean Acting President Hwang Jae an will hold a safety meeting on North Korea's ballistic missiles.

Japanese Chief Cabinet Secretary Yoshihide Suga: North Korea's missile launches pose a great threat to Japan's security and cannot tolerate North Korea's provocative actions. Three missiles seem to have fallen into Japan's exclusive economic waters(EEZ)。
Japanese Prime Minister Shinzo Abe: Missile launches are evidence of North Korea's increasing threat. A national security conference will be held today. North Korea's missile launch is unacceptable. Strongly protesting against North Korea's missile launch, we will closely monitor the missiles launched by North Korea this morning. There are no reports of damage caused by missile launches from North Korea. North Korea launched this morning4Missile. According to Kyodo News Agency, Japanese Prime Minister Shinzo Abe will give a speech on North Korea's launch of a flying object.


Technical aspect:
Today's opening price1236.4.highest1236.6, minimum1232.6Current price1234.2. Last week, gold prices hit the online support level for Fibonacci's pullback0.0, touching the Fibonacci callback line at the lower level23.6Resistance level. Their corresponding positions are,1230,1263So this week's strategy is to approach1263Short selling nearby, approaching1230Go long. Break through and follow the trend to make orders. Let's first take a look at today's trend analysis. From the daily chart, the current price is close to the Fibonacci correction line23.6So we can consider placing multiple orders. from4Looking at the hourly chart, after a continuous decline in the market, it began to rebound and now has an upward trend,MACDFast line uploads slow line, creating a golden cross. The upward trend has been determined.


Investment advice
Today's trend: up
can1233There are many orders nearby, look1239.Stop loss1229.


Today's follow:
17:30 eurozone3monthSentixInvestor confidence index
23:00 U.S.A1Monthly factory order rate
The next day04:00 2017yearFOMCVoting Committee Kashkali delivers a speech