Those who can hold themselves down are the real nobles. When you know confusion in the process of trading, it is not pitiful, and when you do not know confusion, it is the most pitiful. People who don't know how to learn and grow come by chance, and it is inevitable to go, and cultivation is a bit of work. A person's ability and the amount of money must be proportional, education does not represent ability, knowledge does not represent culture, when the ability to accumulate to a certain extent, making money in the market has become a norm, a part of life.
In early Asian trading on Friday (April 26), spot gold fluctuated in a narrow range near the key of 2330. Thursday's release of U.S. GDP growth in the first quarter fell short of market expectations, dragging the dollar index to a near two-week low, helping gold prices hold above key support in the middle of the Bollinger Bands, although Treasury yields rose after economic data showed signs of stubborn inflation, dampening hopes that the Federal Reserve will cut interest rates soon.
The U.S. dollar index fell 0.23% to close at 105.57 on Thursday, having touched an intraday low of 105.46, the lowest since April 12. Earlier data showed that U.S. economic growth slowed more than expected in the first quarter, but rising inflation suggested that the Fed would not cut interest rates before September. If this trend continues, it will put the Fed in a dilemma.
For much of the fight against pandemic-induced inflation, Fed officials have said that economic growth needs to be below trend for a period of time to push price pressures back to target, and the 1.6% quarter-on-quarter expansion in the first quarter met that standard. Previously, growth was above 1.8% for some time, which was the median of the Fed's estimate of trend levels that would not increase inflationary pressures. However, price pressures remain sticky. Data released on Thursday also showed that the personal consumption expenditures (PCE) price index rose at an annual rate of 3.4% in the first quarter from the previous quarter, while the Federal Reserve's inflation target was 2%.
4.26 Spot Gold Market Analysis:
Gold opened near 2315 yesterday, the Asian market plummeted directly to the strong support position below the 2305 line after a slow rebound, the European market continued to rise, the U.S. market continued to retrace the support position of 2313 after the line, ushered in a surge, the end of the day to refresh the new high to 2345 line of strong pressure position, the daily line to collect a small yang trend. On the daily line, the Bollinger bands are in the closing trend, the K line is temporarily running near the middle track, the MA5 and MA10 moving averages are beginning to run flat in the middle track, the MACD energy column volume trend, the KDJ indicator golden cross, the daily cycle looks at the bottom or looks at the bottom of the rise, and the support is gradually moving up, and the temporary low continues to see the rise. In the short term, the Bollinger band opening runs upward, the K-line continues to test the support rebound, the MA5 and MA10 moving averages turn around and diverge upward.
4.26 Spot gold operation suggestions:
1. Go long near 2323/2325 below, stop loss 6.5 US dollars, and target 2338-2350-2375;
2. Test long near 2312/2314 at any time, stop loss 6.5 US dollars, target 2325-2340;
3. Short near 2375/2378 above, stop loss 6.5 US dollars, and look at 2364-2352 under the target;
4. If the market changes, we will give suggestions separately, please pay attention;
4.26 Spot White Bank Analysis:
Silver opened around 27.14 yesterday, and the Asian market fell slightly to 26.97 after the rebound, and the U.S. market refreshed the new intraday high to 27.57 at the end of the day. On the daily line, the Bollinger bands are in a state of operation, the K-line mid-track pressure is oscillating, the MA5 and MA10 moving averages turn around and diverge downward, the MACD energy column is gradually shrinking the operation, the KDJ indicator is a golden cross, the daily cycle is still looking at the bottom and rebounding, and the support below is gradually moving upward, and the dip is mainly long. The short-term Bollinger band is running flat, the upper and lower rails on the K-line are oscillating back and forth, the MA5 and MA10 moving averages are gradually running flat, the MACD energy column is running flat, the KDJ indicator is a golden cross, and the short-term look at the buying support below is very strong.
4.26 Spot Silver Operation Suggestions:
1. Go long near 26.85/27 below, stop loss $26.63, target 27.63-28.06-28.57;
2. Test long near 26.45/26.58 at any time, stop loss 26.23 US dollars, target 27.12-27.75;
3. Short near 28.23/28.34 above, stop loss 28.52 US dollars, target 27.82-27.36;
4. If the market changes, we will give suggestions separately, please pay attention;
4.26 Crude Oil Market Analysis:
Crude oil opened yesterday near 82.8, Asia and Europe are maintained in a small range of shocks, the U.S. market opened after testing the intraday low strong support position of 82 after the start of the rebound, the end of the refresh of the intraday high to 83.8 near the pressure position, the daily line to collect a small yang trend. On the daily line, the Bollinger bands are in a state of operation, the K-line continues to test the lower rail support and rebound, MA5 and MA10 moving averages near the middle track began to run flat, the MACD energy column is gradually running in the volume trend, the KDJ indicator is a dead fork, the daily cycle looks at today or looks at the high fall, the pressure position oscillates back and forth, and the up and down shuffle trend. Short-term look at the Bollinger band opening to run upward, the upper and lower rails of the K-line back and forth, MA5 and MA10 moving averages turn upwards to diverge in the running trend, the MACD energy column has a tendency to shrink, the KDJ indicator golden cross, the short-term look at the pressure position to continue to see the pressure position to rise and fall, today is still a shock trading.
4.26 Crude Oil Operation Suggestions:
1. Test short near 84/84.3 above, stop loss 85.2, and look at 82.8-81 under the target;
2. Test 86.2/86.5 near short at any time, stop loss 87.5, and look at 84.5-83.2 under the target;
3. Go long near 80/80.3 below, stop loss 79, target 81.4-82.6;
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)