Chu Moyu:7.31Facing the skyrocketing trend of non-agricultural gold prices, an analysis of the intraday trend of gold and operational suggestions

Chu Moyu:7.31Welcoming the soaring trend of non-agricultural gold prices,goldAnalysis of intraday trends and operational suggestions


Message: Don't fantasize that investment can be smooth sailing. The journey of investment is full of difficulties and challenges, and one mistake can lead to numerous injuries. The road of investment is also full of forks, and wrong choices may lead you to failure. Although there are many exciting things ahead, they have already missed you. Mistakes are not shameful. Shame is that mistakes are already obvious but still not corrected. Along the way, there is a guide who can always keep people calm, and I hope to become your guide. Believe me, take me, let me lead you out. The flame of victory needs to be ignited by you, let me guide you, insight into the future, and seize the opportunity to lead you. Now, break through the difficulties and ignite the flame of victory.
                          
——Message surface——


　　8The first week of the month saw a significant impact on non-agricultural sectors


The most important data that gold investors need to pay attention to is Friday Beijing time(8month4day)The United States announced in the evening7Non agricultural employment population data after the rose adjustment. The actual performance of the data is expected to become an important basis for the market's outlook on the policy prospects of the Federal Reserve, and is expected to determine the fate of the forex and gold markets. This week, in addition to7Monthly non farm employment numbers, gold investors will also be baptized by data from the United States, including the latest initial application data7monthADPEmployment and manufacturing industryPMIIndex, factory ordersISMNon manufacturing index and trade account. These data that directly reflect the economic situation in the United States may affect the US dollar, thereby affecting the trend of gold prices. In other countries, the Bank of England will announce its interest rate decision on Thursday, and Governor Carney will hold a press conference afterwards.
                       
​——Analysis of Gold Trends and Operational Suggestions——


At present, the most important thing that the market should pay attention to is whether the number of non-agricultural employment will increase from22.2A decrease in tens of thousands of people, if non-agricultural data decreases, it will suppress the US index and provide support for the current spot gold price. Of course, if the non farm data is better than expected, the US dollar index will rebound as scheduled, and gold prices will fall under pressure.


Gold aspect: weekly chart display3Root Dayang successfully penetratesMA60Under pressure, the upper target directly points to the upper rail pressure of Bollinger, which can be said to be a bullish trend. Currently, there are strong forces from various parties, and the moving average is under pressure for the time being. The support below is undoubtedlyMA60As the first support, the second support is located in the middle track position of the Bollinger Bands, which is also a major support level that needs to be focused on this week. The daily gold price is in the upper track upward channel of the Bollinger Bands, and the Bollinger Bands are opening up, opening up the upward space with strong bulls. In four hours, the price of gold runs on5Above the daily moving average, bulls form a triple positive trend and continue to rise, breaking through the upper limit1258High point. At present, the gold price has closed1270First line, preliminary resistance above1274Further important resistance1280. Underneath the Bollinger Belt on the track1260Frontline support, further support in1257First line. Today, gold is evenly spread on1270On the front line, the current fluctuations are not significant. Overall, the author Chu Moyu believes that there is still significant room for gold prices to rise today, and there may be a slight decline in the short term, but the overall bullish outlook remains unchanged.


Gold:


　　1、1263Nearby, stop loss1259, look at the goal1270frontline


　　2、1277Near empty, stop loss1281, look at the goal1271frontline


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