Trading is a process of trial and error! In the case of continuous mistakes, the main problems faced are shrinking funds and psychological suffering! A trader must reduce the possibility of making mistakes, because your profits come from other people's losses. That is to say, when someone makes a mistake, there will be someone in the market who can make a profit, but you can't calculate and predict how many people will make a mistake in the next step, and how big a mistake they will make, and you can't guarantee that every time you stand right side. Then, in trading, the only thing you can do is when you make a mistake, try to keep the time of making the mistake as short as possible. All that's left is to wait for someone else to make a mistake
After Thursday's data significantly exceeded expectations, the U.S. Labor Department reported on Friday that non-farm payrolls in the U.S. increased by 209,000 in June, the smallest increase since December 2020, missing expectations for an increase of 230,000. An increase of 339,000. According to statistics, the previous non-agricultural data has exceeded market expectations for 14 consecutive times. In addition, the number of new non-agricultural jobs in April was lowered from 294,000 to 217,000, and the number of new non-agricultural jobs in May was lowered from 339,000 to 306,000; the total number of employed people decreased by 110,000 from before the revision. The popularity of the data for two consecutive days was lower than expected, and gold basically followed the technical trend. The 1928 line given on Thursday was empty, and the same four-hour weak news on Friday also gave bullish.
Judging from the current market situation, the daily chart shows a volatile upward trend. It rebounded from the bottom on Friday, and the price closed positively, but the price did not break through the previous high of 1937, but we can see that the price has broken through the 2080 downward trend line. The only point is that there is no breakthrough Breakthrough point A, and the price rises by 25 yuan at the same time. Although the market closed at 1925, the entity also had 16 yuan. But our data did not break through the top of 1925, and fell to the first line of 1818 to lock in profits. The probability of directly breaking the bottom today is not high, so judging from the daily chart, it is still the best choice to go long on dips. What is now considered is where to enter, time and space must be considered. The high point on Friday was not broken, and the four-hour breakthrough closed at the upper line. If repeated breakthroughs below fail, it is easy to form a four-hour level shock again, and the price will return to the offline shock again, forming a new range. This must be taken into account, so the static analysis assumes that the operation strategy must be adjusted in this situation, but the low point and multiple remain unchanged before the inflection point, while the bottom focus is on the 1920-17 line, and the top continues to focus on the breakthrough situation . Once it breaks through and rises, it will be the four-hour acceleration line and the daily chart. So far, the comprehensive conclusions are as follows:
Gold trading strategy: 1917 as a benchmark, buy on dips. Target 1930-37
The trend is still floating within my analysis, hello traders, please continue to pay attention to my analysis, I wish you a happy life
Сделка активна:
Gold adjustment, please continue to wait
Сделка активна:
About to reach the take profit position
Сделка активна:
Gold rises as expected
