Regret is a kind of emotionally draining spirit, regret is a greater loss than a loss, a greater mistake than a mistake, so don't regret, when the trend, the market creates you, when the trend is against the trend, the market will educate you, people who lose money lose very little, people who lose faith lose a lot! Many times you can go back to the past, you can't go back to the beginning, look at other people's stories, shed your own tears, in the face of yesterday's rise after the plummet, are you the only one who has an umbrella, still wet? The market is raining for you, but I am playing an umbrella for you!
At the beginning of the Asian market on Tuesday (April 6), spot gold fluctuated in a narrow range not far below the 2400 mark, and is currently trading near $2381 per ounce. Gold prices climbed 1.64% to close at $2,382.95 an ounce on Monday, helped by safe-haven demand driven by tensions in the Middle East, although the dollar and U.S. Treasury yields rose after stronger-than-expected U.S. retail sales data for March, and gold briefly fell to near $2,324 intraday.
U.S. retail sales rose more than expected in March as online retailer revenues surged, further evidence of solid economic growth at the end of the first quarter. The Commerce Department's report released on Monday, along with data released earlier this month on strong job growth and a pickup in consumer inflation for March, strengthened expectations that the Federal Reserve could delay a rate cut until September. Some economists believe that the window for rate cuts this year is closing. Strong retail sales growth prompted Goldman Sachs economists to raise their forecast for Q1 gross domestic product (GDP) growth at an annualized rate of 3.1% from 2.5%. QoQ growth in the fourth quarter of last year was 3.4% annualized.
Iran fired a swarm of explosive drones and missiles at Israel on Saturday night, the first attack by another country in more than three decades, raising fears of a broader regional conflict. Because most of the missiles and drones were intercepted and did not cause much damage, under the persuasion of all parties, the original market worries did not continue to heat up, and the price of gold fell to $2324.22 an ounce after the release of strong retail sales data in the United States. However, with further Israeli rhetoric, gold prices were once again supported by safe-haven buying and bargain buying.
4.16 Spot Gold Market Analysis:
Gold opened yesterday near 2357, Asia and Europe are maintained in the range of shocks, the U.S. market opened after a wave of downward trend, refresh the new intraday low to around 2324 and then began to rebound, the end of the day to refresh the new intraday high to 2388 near the strong pressure position, the daily line to receive a long shadow of the big yang trend. On the daily line, the Bollinger bands are still open to run upwards, the upper side of the K-line is oscillating, the MA5 and MA10 moving averages are still in an upward divergence operation state, the MACD energy column volume trend, the KDJ indicator golden cross, the daily cycle looks at the bottom of the rebound trend today, the strong support position or the rebound upward trend, today's low multi-operation. Short-term look at the Bollinger band opening upward running state, K-line near the upper side of the shock trend, MA5 and MA10 moving average in the middle of the track began to turn upward, MACD energy column is gradually shrinking the operation, KDJ indicator golden cross, short-term to see the strong market trend, callback to continue to do long on dips, continue to see the rise.
4.16 Spot gold operation suggestions:
1. Go long near 2372/2374 below, stop loss 6.5 US dollars, and target 2390-2412-2430;
2. Test long near 2330/2332 at any time, stop loss of $6.5, and target 2343-2360;
3. Short near 2428/2430 above, stop loss 6.5 US dollars, target 2412-2400;
4. If the market changes, we will give suggestions separately, please pay attention;
4.16 Spot White Bank Analysis:
Silver opened yesterday near 28, after the opening of the direct fall to test the intraday low support near 27.6 after the rebound rose, the Asian and European disk shock slow rise trend, the U.S. market opened after the continued upward trend, the end of the refresh of the day high to 29 nearby, the daily line to receive a long shadow of the big yang trend. On the daily line, the Bollinger bands are still open to run upwards, the upper pressure of the K-line is oscillating nearby, the MA5 and MA10 moving averages diverge upward, the MACD energy column is gradually reducing the operating state, the KDJ indicator is a golden cross, and the daily cycle is still up today, low and long, and silver has a new high trend. Short-term look at the Bollinger band opening upward divergence running trend, K-line even yang arrangement running trend, MA5 and MA10 moving average near the middle track of the turning upward running state, MACD energy column volume running trend, KDJ indicator golden cross, short-term look at the overall bull market is very strong, today or look at the rebound rise, silver continues to see the rise can be.
4.16 Spot silver operation suggestions:
1. Long near 28.43/28.65 below, stop loss 28.23 US dollars, target 29.12-30-30.54;
2. Test long near 27.84/28 at any time, stop loss 27.64 US dollars, target 28.73-29.53;
3. Short near 30/30.28 above, stop loss 30.47 US dollars, target 29.45-29;
4. If the market changes, we will give suggestions separately, please pay attention;
4.16 Crude Oil Market Analysis:
Crude oil opened yesterday near 85, Asia and Europe in the shock downward trend, the U.S. market opened after continuing to test the lower strong support level of 83.5 line and then began to rebound, the end of the day to reach the high pressure position of 85.2 nearby, the daily line to receive a long shadow of the small yang trend. On the daily line, the Bollinger band gradually flattened the trend, the upper and middle rails of the K-line oscillated back and forth, the MA5 and MA10 moving averages near the middle rail of the flat running state, the MACD energy column in the large-scale operation state, the KDJ indicator death fork, the daily cycle to see the trend of rising and falling today, reaching the pressure position or high, the upper pressure is very strong, and today can see the fall. In the short term, the Bollinger band opening is running upward, the K-line is currently oscillating near the upper rail, the MA5 and MA10 moving averages are running upwards in the middle of the track, the MACD energy column is gradually reducing the trend, the KDJ indicator is a golden cross, and the short-term is still looking at the pressure position to fall, and the rebound is mainly short.
4.16 Crude Oil Operation Suggestions:
1. Test short near 85.8/86 above, stop loss 87, target 83.2-82;
2. Test 87.3/87.6 near short at any time, stop loss 88.5, and look at 85-82.8 under the target;
3. Go long near 81.5/81.8 below, stop loss 80.6, target 82.8-84;
4. If the market changes, we will give suggestions separately, please pay attention;
(The above article was originally written by Xiaobing Finance, please indicate the source for reprinting.) Xiaobing Financial Management warmly reminds that investment is risky, and you need to be cautious when entering the market. The above only represents the personal views of Xiaobing Financial Management, and is not used as a basis for operation, and the operation is at your own risk)