Dingman:7.28The upward trend of gold is facing strong resistance, and it will create opportunities in the mid line in the near future

Dingman:7.28goldThe upward trend is facing strong resistance and will create opportunities for the midline in the near future


Interpretation of message surface




In recent days, the US dollar has suffered a series of misfortunes, falling to the bottom after the Federal Reserve issued a dovish statement. Since the inauguration of US President Trump, healthcare reform and immigration issues have become the top priorities of this year, forcing a delay in promoting economic growth. Unfortunately, Trump's healthcare reform has repeatedly suffered setbacks, and the US dollar has been constantly implicated. Just yesterday, after Trump issued a statement promoting tax reform, the US dollar was slightly boosted and rebounded, but then the upward trend came to a halt. There are differences in the analysis of the future trend of the US dollar. Currently, the market is waiting for the second quarter of the United States to be announced tonightGDPdata （V：chz0905 Verify Ding Man)




Friday（7month28Evening, USAGDPA heavyweight of data is coming, which may be a good opportunity for the struggling US dollar to turn around in recent times. Currently, the outside world generally expects the second quarter of the United StatesGDPThe growth rate will increase significantly compared to the previous quarter. If the data performs robustly, the US dollar bulls will have a breathing space; But if the data unexpectedly falls short of expectations, it may further exacerbate the trend of the US dollar.



Analysis of International Gold Trends




On Wednesday, in the dovish statement from the Federal Reserve, gold prices saw a significant boost and broke through1258US dollar resistance, highest probing1265On the front line of the US dollar, the daily trend closed with a large bullish line, which led to a significant increase in the upward momentum of the daily level. Yesterday, the overall market remained at a high level and fluctuated and corrected, with multiple explorations1265The frontline failed to break through but was suppressed, and ultimately fell slightly to1255Supported by the US dollar, although there was a rebound before the end of the day, the daily chart ultimately closed at a high level with a cross starKLine, this has to make the author have reservations about continuing to be bullish in the short term. (Deduction:351-733-4089）




From a daily perspective, from below1204After a series of cross star bottoming signals appeared on the front line, the price basically relied on5Rihe10The daily moving average supports an upward trend, and there has not been a significant pullback along the way. Currently, although the upward trend remains intact, the indicators in the attached chart areKDJBeing in the overbought area must be taken seriously. Secondly, the area above1280The US dollar is at a historic high1920The resistance position of the downward trend line of the US dollar. Overall, the short-term upward resistance will become stronger, and there will be an opportunity for a mid line layout in the near future. If the downward trend breaks through1252The key support for the US dollar on the front line will usher in a deep correction. In the short term, please stay tuned for now1262-1255In the short term, the range is still in a weak oscillation correction. Pay attention to the intensity of the European market oscillation, and the US market will consider entering the market for trading.




Short term operation suggestion: rebound1260-1262Short selling, stop loss1265, look at the goal1255, break the limit and hold it1252Nearby; Touching below1252Long on the front line, stop loss1248, look at the goal1258Near.


The article is written by Ding Man (deduction:351-733-4089）Exclusive planning, market risks, caution is required when entering the market, and strategies have a certain timeliness. Timely strategies are the main focus, and this article represents my personal opinion. Based on this, I will operate at my own risk