As the temperature rises, gold bulls are also eager to make a profit, and the opportunity to make a profit has once again arrived

In recent days, there have been continuous high temperatures throughout the country. Everyone should pay attention to heat dissipation and take care of their health, especially for primary and secondary school students who are at home during the summer vacation. Parents must remind them not to play in deep waters such as reservoirs, lakes, and ponds, and to complete the homework assigned by the teacher well. If they want to go out and play, they must be accompanied by their parents. Looking back at the market, last week Federal Reserve Chairman Yellen unexpectedly made dovish remarks in congressional testimony, and the subsequent release of US economic data also disappointed, weakening expectations of Fed rate hikes and reducing spot pricesgoldIt was able to rebound from a four month low and achieve its first weekly growth in three weeks.

Although the market is expected to continue to digest disappointing US retail sales and inflation data, there will be many fresh economic data to focus on this week, including7Monthly regional manufacturing data and housing construction data. Gold investors also need to pay attention to the European Central Bank policy meeting. Although the central bank is not expected to raise interest rates this week, Draghi has recently made some hawkish remarks. His comments are a key reason for the rise in global bond yields. If Draghi becomes more moderate, bond yields may decline, which will be beneficial for gold. Consultation is neweqf889, guidanceQ-Q1951-4240-48Million physical warehouse exchangesQ4377-9015-4


Technically speaking, gold has closed positive after two consecutive weeks of sharp declines, but it is still in a downward trend. On the daily chart, the Bollinger Bands remain downward, while gold prices are rebounding to the middle of the Bollinger Bands（1230.50The US dollar is under pressure, but it is also200The suppression level of the daily moving average;MACDThe indicator kinetic energy column changes from green to red, with a double line forming a golden cross trend;KDJThe indicators are running significantly upwards, with strong momentum; Based on comprehensive analysis, the current gold price is1230Under pressure, and this week's closing is also below this level. Next1230It will be an important watershed. Currently, following above the gold price1235and1240Suppress, follow below1224And1220Support position. Golden operation suggestion: Step back1225Many. Stop loss1222, Objective1235。
Consultation is neweqf889, guidanceQ-Q1951-4240-48Million physical warehouse exchangesQ4377-9015-4

The market is a market where long and short positions compete. If someone loses money, there will definitely be someone making money. This is beyond doubt, mainly divided into main and retail investors. It is equally important to see through market sentiment as it is to see through people's hearts. Currently, there are too many retail investors in the market who are bearish. If you think this is a strong bearish signal, then I think you are wrong. As a main institution, it is profit oriented, and retail investors have gone short, Will the main organization keep large pieces of meat and not bite them? This is what I said before about the 28/20 law. That's also why when others want to short, I come to the bottom of the band to buy, but I firmly short. Of course, market sentiment is not a guide, it must be determined based on international news and technical aspects.

The ever-changing financial market is fair to everyone, and since someone is losing money, there must be someone making money. But there is really no shortcut to making a profit in investment. Only like an ascetic monk, do your homework diligently every day and accumulate knowledge. In addition to providing some investment experience and learning methods, I also hope to make more like-minded investment friends, exchange and learn together, work hard together to research, and make investment a pleasure. Wishing all investment friends to break free from the fate of losing money and broaden their investment path!

writing/Yang Lang's release