Colin_Analyst

The monthly rate of U.S. retail sales in June was stronger than market expectations, but it failed to change the market consensus that the Federal Reserve will cut interest rates in September. U.S. bond yields fell to a 4-month low. In addition, there were concerns that the United States may fall into chaos and the geopolitical situation in the Middle East. The resurgence of concerns has also provided upward momentum for gold prices. There isn't much market data on Wednesday, so let's focus on the impact of the annualized annualized number of U.S. housing starts in June.Gold has broken through record highs many times. The last resistance point that can be referenced above is around 2486. At present, various technical indicators have expired and cannot be judged by indicators. Now we can only wait and see. First, focus on the integer mark of 2500. Below Support is 2450, 2434. SL must be set for transactions to prevent accidentsToday's trade attempts to sell at 2498, SL: 2503, target 2486-2468Or wait for 2452 to buy, SL: 2448, target: 2468-2476Use small lots for today's trade and wait for emotions to subside and technical indicators to return to normal.This is my analysis this morning, let's see how it goesFollow my strategy and increase your success rate2452-2468 160pips

The U.S. consumer price data for June released on Thursday unexpectedly dropped, with the year-on-year increase the smallest in a year. This strengthened the view that the trend of slowing inflation is back on track and brought the Federal Reserve one step closer to cutting interest rates. At the same time, the US dollar fell sharply, and gold rose sharply in the opposite direction, rising above 2400 again. In addition, market expectations for a ceasefire agreement between Israel and Gaza have cooled, which has also provided rising momentum for gold prices. Today is the last trading day of the week. On Friday, the U.S. market will focus on the annual rate of U.S. PPI in June, the initial value of the one-year inflation rate in the U.S. in July, and the initial value of the University of Michigan Consumer Confidence Index in July.From the technical perspective, we can see that gold has entered the overbought zone and is already above the Bollinger Band. You cannot blindly buy it now. Gold is currently suppressed by the early resistance point of 2418. Pay attention to the support of 2392-2400 below. If it breaks through 2424 today , it may reach 2450 before falling. If it falls below 2392, it may also reach 2350. You need to pay attention to the impact of PPI data today.I think it can be sold at 2418-2422, SL: 2424, target: 2400-2392Or wait for gold to reach around 2392-2394 to buy, SL: 2389, target 2400-2408The above are my trading suggestions for your reference. However, the market changes very quickly. You need to learn to observe and control your positions reasonably according to your funds. This will increase the possibility of making a profit. Even if the transaction fails, you will not lose too much.This is my analysis this morning, I hope it helps you, let’s see how the trend will be today2392-2410 180pips

The U.S. Bureau of Labor Statistics said nonfarm payrolls increased by 206,000 jobs in June, boosted by government hiring. Economists had expected jobs to increase by 190,000 in June and the unemployment rate to remain unchanged at 4.0%. Federal Reserve Chairman Jerome Powell will testify before Congress on Tuesday and Wednesday. The Fed submitted this semi-annual report to Congress before that. Job growth has been slowing, and the unemployment rate has steadily increased from 3.5% in July last year to 4.1% in June this year. Inflation, calculated by the Fed's preferred personal consumption expenditures (PCE) price index, remains around 2.6%. New inflation data CPI will be released on Thursday this week. If price pressures continue to ease, it may prompt Federal Reserve policymakers to open the door to interest rate cuts at least in September. Last week, under the influence of non-agricultural data and geopolitics, it broke through multiple resistance points in the early stage, but it is not a wise choice to buy now. From a technical point of view, the daily cycle broke through the upper rail pressure of Bollinger in the rise last week. Bollinger has opened, and a unilateral trend of the daily cycle may be formed during the week. If it continues to rise, it can be expected to rise to the key points of 2398-2400. Beware of the resistance point of 2410. The unilateral state of the 4H cycle is also quite obvious. Whether it is the Bollinger opening or the unilateral moving average support performance, it is relatively perfect. The lower support is at 2378 and 2368. Among them, if it remains above 2378, gold is in an extremely strong state, and if it remains above 2368, it is an upward trend. I think that when gold reaches 2414, you can choose to sell, SL: 2420, target: 2386-2374 If gold falls, you can buy at 2368-2372, SL: 2365, target: 2380-2386-2398 The above are my trading suggestions for your reference. However, the market changes very quickly. You need to learn to observe and control your positions reasonably according to your funds. This will increase the possibility of making a profit. Even if the transaction fails, you will not lose too much. This is my analysis this morning, I think it is possible to buy at 2368-2372, now let's verify it If you want to get real-time analysis, join me and follow me

Powell's speech on Tuesday was dovish, saying the U.S. was returning to a "lower inflation path," but that policymakers needed more data to verify whether the recent decline in inflation accurately reflected economic conditions before cutting interest rates. In addition, Powell would not comment on when the United States might start to cut interest rates, but acknowledged that the Fed has entered a sensitive stage of policy review, and the risks to inflation and employment goals are "closer to balance", which means that when formulating policies, the two Neither can be fully prioritized. The minutes of the Federal Reserve meeting will be released on this trading day, and investors need to pay close attention to them. In addition, this trading day will also release the U.S. ADP employment data for June, the U.S. ISM non-manufacturing PMI for June, and the U.S. factory orders monthly rate for May, which investors need to pay attention to. Attention, in addition, you need to pay attention to the speeches of Federal Reserve officials and news related to the geopolitical situation.From the perspective of 1H, gold is currently in a state of box shock. I don’t think there will be a big change before the non-agricultural data is released.Today we mainly focus on the impact of data on gold. We will treat it in the 2320-2340 range for the time being. Waiting for the box to break through, you can trade with the trend.You can wait for gold to reach 2348 to sell, SL: 2354, target: 2344-2334Or wait for gold to reach 2321 to buy, SL: 2317, target: 2333-2344The above are my trading suggestions for your reference. However, the market changes very quickly. You need to learn to observe and control your positions reasonably according to your funds. This will increase the possibility of making a profit. Even if the transaction fails, you will not lose too much.This is my analysis this morning. The current trend shows that my analysis is correct. If you want to get real-time analysis, join meThe data is favorable for gold and has broken through the box. Are you trading with the trend?I will continue to update

The US Independence Day will make this week's economic data unusual. On Monday, the market will receive the ISM Manufacturing Purchasing Managers Index, followed by the Eurozone CPI preliminary value and JOLTS job vacancies data on Tuesday. On Wednesday, the market will focus on the ADP employment report, weekly unemployment data and the ISM Services Purchasing Managers Index, as well as the June FOMC meeting minutes. After the July 4 holiday, the June non-farm payrolls report will be ushered in. In addition, the geopolitical situation is still the most unstable factor in the future financial market, which needs to be closely monitored in real time!Last week, the highest price of gold was 2340 and the lowest price was 2294, with a range of 46 US dollars. The overall trend is still upward, because the relative closing price is higher than the closing price of last week. There are more data this week, and the market uncertainty is increasing. There are key data to focus on every day. Therefore, in trading, we cannot only look at the technical performance, but also combine trading from intraday performance to data release. Of course, we should maintain the principle of stability and try to trade at key points, so that the probability of profit will be increased.From a technical point of view, the weekly cross star closed, with no clear direction. The 2382/2380 below formed a strong support belt, and the 2368/2340 high points above were also under pressure. Therefore, for the time being, there will be no unilateral rise or fall in the market. The daily cycle is a standard oscillation range. For the time being, the Bollinger band is closed, and the upper and lower ranges are 2365-2285. The K line closed within the Bollinger band, and the moving average system failed to diverge, so there is no clear direction. If we have to say a direction this week, based on last week, it is still inclined to continue the strong trend. Therefore, gold may return to the 2365 high again this week.Stimulated by the favorable data, it is possible to break through 2365. For today, since 2340 was not broken at the end of last Friday, the 4H cycle does not show the momentum of continuous rise. Among them, the upper rail is suppressed and cannot be broken, but the middle rail 2315 is also difficult to break. Therefore, although there is a risk of falling below 2315 in the 4H cycle, it is currently rising strongly. With 2315 not broken as a defense, continue to go long and look at the upside spaceIf it reaches 2345-2348 today, I think it can be sold, SL: 2353, target: 2338-2330You can also choose to buy at 2315-2320, SL: 2309, target: 2328-2333, cautious traders can wait for 2300-2397 to buy again, SL: 2292, target: 2307-2315-2325The above are my trading suggestions for your reference. However, the market changes very quickly. You need to learn to observe and control your positions reasonably according to your funds. This will increase the possibility of making a profit. Even if the transaction fails, you will not lose too much.If you don't know how to trade, join me and follow meTarget reached

The geopolitical situation is still a topic of great concern in the financial market. According to various sources over the weekend, the sixth large-scale confrontation in the Middle East may break out, involving many countries, and even the Third World War may break out. The extremely unstable situation brings too many unknown possibilities to the market. Everyone should look at the changes in the future market rationally. This week, the market focus is on the US personal consumption expenditure (PCE) data expected to be released on Friday, because this is the Fed's preferred inflation indicator. Also of concern are the speeches of several Fed officials this week, including Fed Governors Cook and Bowman. On Tuesday, pay attention to two small data, the monthly rate of the US FHFA house price index in April and the US Conference Board Consumer Confidence Index in June.From the 1H point of view, gold has a rebound demand. The previous dividing point is 2334. If gold breaks through and stands firm on the dividing point, it is likely to reach around 2350 again.I think it is possible to buy around 2320, SL: 2314, target: 2330-2344You can also wait for selling near 2350, SL: 2353, target: 2344-2334The market changes very quickly, and gold may also rise directly, so you need to arrange your positions reasonably for trading. The above strategies are for your referenceI will analyze the trend and strategy of gold every day, follow me and join me

The geopolitical outcome is still a topic that the market cannot avoid. Now the Middle East may expand the scale of confrontation, which will greatly affect the stability of the financial market. In the market, pay attention to the weekly unemployment claims data in the United States on Thursday and the initial value of the Purchasing Managers' Index (PMI) on Friday, and pay attention to the speeches of Federal Reserve officials.It can be seen that although gold is fluctuating, it will continue to rise every time it pulls back, and the lows are constantly rising.In the upward trend, we are still waiting for the support point to buy. Today, we can buy at the support points of 2323 and 2328.But we can also try to sell in the resistance range, now we can try to sell at 2345-2347, SL: 2351The above strategies are for your reference, but the market changes quickly, and you need to change your strategies in real time according to the trend, so that your success rate will increase.I will analyze the trend and strategy of gold every day, follow me and join me2345-2332,130pipsrise

Market attention was low on Monday, with no major news releases. U.S. retail sales data on Tuesday, weekly jobless claims on Thursday and the initial Purchasing Managers Index (PMI) on Friday may provide more information on consumption and economic strength.Gold fluctuated between 2310 and 2327 on Monday. After hitting the bottom at 2287, it has been fluctuating at a low level for several consecutive trading days. Although it has not yet stabilized above the Bollinger middle track, from the perspective of 1D, the possibility of continued rise is very high.I think buying in 2308-2315 support range, SL: 2299I will analyze the trend and strategy of gold every day, follow me and join me2308-2324, 160pips2315-2324, 90pipsThe judgment is correct, today is an uptrendJoin me