Zhang Jinjiu 11.15 early week gold trend analysis, operation strategy sharing

Not all the rush high will not appear to fall, Friday's retracement is a more obvious example, and the market trend at the beginning of Monday and the beginning of the week, is still the first look at the fall, the morning we gave the short order, the short term has achieved profits, first of all, the high is difficult to continue, since the rush to the high failed to continue, then it must be a fall, the short-term line is such a back and forth adjustment, according to the interpretation of the weekly review, Monday and Tuesday's market fluctuations are limited, then the overall expectation of the day Asian disk high correction, the most basic trend of correction is to turn back and then continue, Then at the beginning of the week, it is simple to achieve short-term retracement profits, follow the short in the morning, and the downward profit can be closed short.

　　The short-term line pays attention to the high look down, the current trend structure is high, do not go higher, then look down first, and then look at the rebound, the lower support and the reference point in Friday's market trend should clearly remember the 1861 line of intraday retracement to the 1845 line, then after Friday's rush to the 1868 line, then the point of concern near 1861 for reference. A week's market trend, the recent trading day of the market trend fluctuations should be memorized and clear how the market fluctuates, then for the next trading day to play a certain reference role, and five trading days a week of each trading day of the closing line and fluctuations should be clear, and the next week is still a reference, the short cycle of long should be done in mind, so that you can deal with the market changes at any time in the future market!

　　Friday closing line, more obvious downward exploration of the Yang line, is still a bullish containment, so the retracement failed to continue, and the support of the low level is also more obvious, and the beginning of the week and the future market are biased towards the bullish trend expectations, but the continuous closing of the sun, the trend should have a space for relaxation, then this easing space should be time conversion, after the pullback continues to go higher with more strength and strength, so this round of upward movement, short-term upward strength slows down, pay attention to the opportunity to step back.

　　Market review: the daily line continues to close the sun, the closing line at the beginning of the week of this round of trading days is relatively critical, and the strength has slowed down after the continuous closing of the sun, but the trend direction remains unchanged, and the intraday attention is closed. Spot gold fell first and then rose on Friday, recovered after breaking the 1850 mark in the European session, and finally closed up 0.16% at $1864.74 / ounce; spot silver also rebounded after touching the intraday low in the European session, and finally closed up 0.31% at $25.304 / ounce. The dollar index oscillated lower, eventually closing down 0.03% at 95.122. The US 10-year Treasury yield maintained its gains and finally closed at 1.57%. Lianyang represents a strong, strong turn is a deep retracement, retracement breaks the key support level, so in the short term failure to deep retracement at the same time still maintain a bullish trend market treatment!

　　And the beginning of the day we did not continue to continue to move higher in the morning market, then we targeted the first to grab the step, followed by looking at the continuation of the gains, the first thing to pay attention to is the retracement of the high, Friday's downward retracement point is near 1861, then the Monday reference point is short-term near 1859/60, if it continues to explore, the following concern refers to the 1845/42 line, which is the short-term retracement low, but also the second rising point after the Friday retracement, the main point of the day, first look at the pullback in the continuation of the gains, The reference is still more obvious to the 1845 line.

　　The rally is still rising, the trend direction is unchanged, but the short-term upward strength has slowed down, then the strength of the decline is also small, after Friday's retracement, it is higher again, indicating that the bulls still have the pulling power, so the short-term can not blindly high short to the fluke psychology of high altitude and low mentality to trade, must wait for the market to appear a clear signal reversal signal after trying to participate, rather than blind participation, the market will not turn to volatility because of the fluke mentality, the market is cruel, the same strength can not be underestimated The trend at the end has strength and depth, so the short-term main long while paying attention to a small retracement can be.

　　Operation ideas:

　　1, the beginning of the week back to the 1850-1855 position more, stop loss 1844, target 1875

　　2, 1875 short, stop loss 1880, target 1860

Text/Zhang Jinjiu