Dingman:7.31Non agricultural heavyweight strikes, international golden sword finger thousand three

Dingman:7.31Non agricultural heavyweight strikes, internationalgoldSword Finger Thousand Three




I didn't do well in the first half of the year. Don't be discouraged, because the great causes of the founding of the Communist Party on July 1st, the founding of the army on August 1st, and the founding of the People's Republic of China on November 11th were all completed in the second half of the year. The first half of the year was either May 4th Youth Day or June 7th Children's Day, which was not very mature. This is an online joke that encourages us to elegantly enter the new month of the second half of the year. Before, perhaps you have also worked hard, but only moved yourself. In the future, even if you still take it seriously, The harvest will be more than just these!
(Deduction:351-733-4089）


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Last Friday's rise in gold was also supported by geopolitical fluctuations. Japanese media reported that North Korea has launched another missile, and the Chief Cabinet Secretary of Japan stated that the missile was launched in the direction of the Sea of Japan and fell into Japan's exclusive economic zone. This is the latest geopolitical trend following the increased sanctions imposed by the United States on Russia, North Korea, and Iran. The presidents of the United States and South Korea are aware of this, and President Moon Jae-in of South Korea urgently convened the National Security Conference. Author Ding Man（V：chz0905 Ding Man believes that due to the significant decline in the annual inflation rate in the United States, the Federal Reserve has no urgent interest in raising interest rates; In this situation, it is difficult to look at interest rates or the US dollar well. since7Since the beginning of the month, the US dollar has been falling for five consecutive months, and along with short covering, it has helped gold rise by about60US dollars. But the demand for physical gold has declined, due to the decline in gold in the first half of the yearETFThe decrease in physical demand has resulted in a surplus in the global market138Tons. However, from a technical perspective, gold has successfully crossed the Fibonacci technical resistance level1261.30dollar/Ounces and subject to100Daily moving average1249dollar/The support of ounces, while the price of gold1260dollar/The consolidation above ounces may rise even higher. At present, the gold price has been running at1260dollar/Above the ounce line and touching1270The threshold is expected to open up further upward space.



In terms of market conditions


From the daily chart, the overall presentation of goldVThe trend of type reversal,KThe overall trend of the line shows a bullish arrangement, and the upward trend has been continuing. According to the current trend, gold is expected to impact6Monthly high point1295On the front line, from the perspective of the Bollinger system, Bollinger operates with an open mouth,KThe line is running near the Bollinger track and has been received so far1270A brief suppression on the front line, with a slight correction of the decline;4Looking at the hourly chart, the moving average system shows a wave like rise,5Daily moving average10The daily moving average runs with a golden cross, and the Bollinger belt runs upwards with an open mouth, as shown in the attached figureMACDThe red kinetic energy column gradually increases in volume,KDJThe golden cross runs with positive technical indicators and a clear bullish trend. Taking into account the recent market fundamentals and the weakening of the US dollar, both are bullish on gold, so gold will further rise in the future and is expected to break through this week1280frontline




Overall, gold bulls are currently very strong, with short-term attention from the upper echelons1273reach1275Pay attention to the pressure level below1260reach1265The supporting position is important to focus on1280The offensive and defensive situation, after all, this is the long and short boundary point of early gold;1270Nearby, the light warehouse can be empty once, target1265Stop loss1272, falling back1265One more time nearby, the target is looking towards1270reach1275between


writing/Ding Man（V：chz0905 Verify Ding Man)


Because of trust, persist; Because of professionalism, pragmatic