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Gold, is planning to fall back and forth? I don't!
Wonderful Introduction:
Green life is full of hope, beautiful fantasy, hope for the future, and the ideal of longing is the green of life. The road we are going tomorrow is green, just like the grass on the wilderness, releasing the vitality of life.
Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Analysis]: Gold, plans to fall back and forth? I don't!". Hope it will be helpful to you! The original content is as follows:
What you see is what the market wants you to see. The money in your hand is "soldiers". You know how to arrange troops. In the battle of Guandu, Yuan Shao's 700,000 army was defeated by Cao Cao, who had only 70,000 soldiers. The soldiers were no longer as strong as the spirit. Xiang Yu was strong in his life and eventually xm-links.committed suicide in Wujiang. Liu Bang's gangsters knew how to recognize people and use people to win the Han Dynasty!
If you are Han Xin, how to arrange the "soldiers" in your hands, how many people fight ambush, how many people do logistics, how many people become forwards, how to arrange the prisoners (profits) if the attack is successful, how to deal with them if they fail (losses), without personal emotions and prejudice, the purpose of the battle is not to be a deserter, but to have a planned and planned arrangement. Some defeats (losses) are for greater success (profits), and not to be swept away by one city and one pool.
In recent days, the gold market has repeatedly staged long kills and short kills and short kills, especially after the sharp rise on Monday, the market fell back and forth yesterday. As a result, the gold price fell from 3392 to 3332 US dollars, and it almost never looked back in the middle after falling 60 US dollars. This is a typical "short kills and long". Yesterday I was in "Gold, be careful of short kills and long! 》 clearly reminds you to empty gold.
The same script is repeated, and the more stubborn people are, the more they suffer. They constantly confront the market with personal emotions and prejudice. If you see the right market, you will be able to teach you, and if you see the wrong market, don’t try to change. The only thing we can change is ourselves.
The trade conflict has not ended, nor has it disappeared. The EU's steel and aluminum tariffs have been raised to 50%. This is just the beginning. The era of Trump 2.0 will be more radical and more tough than the previous term. It will only be four years for him to be re-elected. There is almost no possibility of re-election. During these four years, trade conflicts will always be with us.
In addition, the fact that the geopolitical risk is placed in front of us has not eased, let alone ended. Regarding whether the future will end, I only look at the facts and make mistakes and guesses. We must distinguish between facts and opinions. Opinions are not worthwhile. Only facts are what I care about, and the facts are that geopolitical conflicts continue and have not ended.
So, in the short term, the gold market repeatedly kills long and short. As long as the fluctuation is regarded as one-sided, it will be slapped back and forth. No matter how you explain it, it will be pale. It is not that the market is invalid or that the technology is useless, but that your understanding of the market is too rigid and you don’t know how to adjust in time. What the market has never changed is the heart of the people, and the attitude and emotions of the market.
Okay, let’s talk about the gold market today:
I reminded early this morning that you should not be in a hurry to short gold in the early trading. There will be long kills and shorts this morning. Why? When gold fell yesterday, it was falling long, but we arranged short at 3375-77 yesterday. This morning, everyone saw that gold was so weak yesterday, so why should we rebound short at the moment? At this time, the dealer will violently push up and knock down those who chase the short, and we arranged more at 3350-45 this morning.
After that, when people see gold rising strongly in the morning, they think that they will fall more, and the lower the fall, the better the position. In fact, this understanding is wrong. Strong cannot be a deep pullback. If the pullback is larger, it will be difficult to get up again on the same day, especially when the key support position of 3367 is falling back and breaking through the key support position of 3367. If you want to go long today, it is not to wait for the falling back to be long, but to break through the pressure of 3372-73.
30 minutes, the morning first fell rapidly, causing a situation of inducing short-term, and then violently rose to 3372, taking away the car that chased short-term. Now they are waiting for the decline to fall. The real strength should not fall back and break the key support of 3367. After losing here, the top-bottom conversion was also taken, that is, the rebound to 3367 confirmed the pressure, and then fell down to below 3360. At this time, I will no longer go too much. After leaving the market in the morning, I will look at the decline, unless I stand on the market again and think about the long.
Today, my opinion is that the long at 3350-45 in the morning has already left, and then rebounded to 3360-62. Focus on 3340-35-3322 down. Unless I break through 3372-73 again, I will consider the decline before the US market, otherwise there will be not many today!
The above content is all about "[XM Foreign Exchange Market Analysis]: Gold, plan to fall back a lot? I don't!", which was carefully xm-links.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
Life in the present, don’t waste your current life in missing the past or looking forward to the future.
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