6.7 The British general election is approaching, gold will face the storm, and t - Nkowakowa

Sunday, 28 May 2023

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City: Nkowakowa, Limpopo
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The annual college entrance examination kicked off, and it was time for some families to be happy and others to worry. It is the most stressful and testing test among all the exams. Thousands of troops cross the single-plank bridge. It is a watershed and milestone in life. It can be said that it has been hard work for more than ten years, and it has been verified by the last hard work in just three days. The examination room is like a battlefield. We not only have to accept the test of the examination questions, but also undergo the test of psychology and environment! We either beat it or be beaten by it. If you want to win, you have to break the cauldron and fight calmly. In fact, this is the same as when we do business. If we meet in a narrow road, those who are able will win and give it a go! Continuously improve technology and accumulate experience, analyze market trends before moving, strict execution is all-out attack, and finally let the market test whether it is right or wrong. Survival of the fittest, natural selection, eternal change. But it can only represent the present, and the success or failure in the future will be decided. We only have to keep forging ahead and persevere until the end of life! YSHX

  
  Market focus is on Thursday’s European Central Bank, Draghi and the UK general election. So far, the leading edge of the British Conservative Party is only 1%. If the Conservative Party loses this general election, the euro and the British pound will rise in a straight line, the US dollar index will continue to fall, and gold will mainly trade sideways. If the Conservative Party continues to lead the Brexit process, the euro and pound will plummet, while the dollar and gold will get a boost. In short, with the general election on Thursday and the announcement of the results on Friday, the British general election staged “Super Thursday” and “Destroy Friday”. We have to prepare for the storm in advance. Canyun 22-hour Tencent guidance 909351735 Weixin tcy90935 Actual combat VIP call group 188964664 verification 774
  
  At present, gold is under obvious pressure at 1295. In the 4-hour chart, the overbought range of the stochastic indicator is glued together; the rising kinetic energy column of the trend indicator is shrinking; the swing indicator deviates from the signal; the K-line form appears a hanging K form near the pressure position of 1295, so the 4-hour signal is empty near 1295 .
  
  In the 1-hour chart, gold resisted losses. Sideways correction, the price does not fall, and the indicators go down one after another; this is the method of exchanging time for space. Once the time is up and the indicators are in place, the short-term gold will still be dominated by a slow bullish upward trend. The 1-hour chart therefore gives a low long signal. The lower support is 1290 first-line, and the short-term is 1290.
  
  Combined with 1 hour and 4 hours, the Asian market basically fluctuates in the range of 1290-1295.

  Judging from the daily chart, the stochastic indicator is stuck in the overbought range and stepped back up for the second time; the upward kinetic energy column of the trend indicator is enlarged; the swing indicator shows a weak divergence signal; the increase of gold in the daily chart is limited; but the continuous saturated Yang K breaks through The trend is suppressed, and there is no K-line pattern of reversal and short selling. Therefore, the daily chart is bearish and not short! Everything needs to wait for the anti-K signal. yunshfx

  In the weekly chart, the stochastic indicator is obviously diverging; the upward kinetic energy of the trend indicator is not as good as the previous upward kinetic energy; the swing indicator also deviates; the K-line pattern shows Lianyang pulling up, no anti-K signal; the moving average is long. Therefore, the weekly chart is also bearish but not short. Weixin tcy90935
  
  Combining the daily chart and weekly chart, the mid-term decline of gold is unchanged! This does not completely contradict the analysis of May 12. But the point of entry and exit lies in the point! The indicator signals in the daily and weekly charts tend to adjust downwards, but they lack fundamental catalysts and anti-K signals. Therefore, 1280 did not open strongly yesterday!
  
  In the small cycle, 1 hour and 4 hours give a range of shocks. Therefore, within the day, it is empty around 1295, and there are many around 1290-1288. Breaking through the short-term support range of 1288-90 is the key. If the European market falls below this point, the short-term strong upward price movement will slow down. It will be a strong trend, considering the big drama on Thursday and Friday this week, so I don’t think today’s fluctuations will be great! Yun Shang Hui Xin
  
  Sandu of the United States tested the support of the 47 mark, and after receiving effective support, the rebound accelerated. It gradually rose in the middle of the night after the U.S. market on Tuesday. And break through the suppression of the downward trend, step back and open long today. Near 47.8 is the top-to-bottom transition position (long-short inflection point position), stepping back on 47.8 within a day to open long positions. Canyun 22-hour Tencent guidance 909351735 Weixin tcy90935 Actual combat VIP call group 188964664 verification 774
  
  Canyun’s Cheats – the iron law of profit seekers:
  
  1. Keep the principal, reasonably control the position, invest in a planned way, and don’t operate it as a gamble.
  
  2. Stable profit is the kingly way, enter the market when the direction is clear, and would rather miss it than make a mistake.
  
  3. Keep the overall situation in mind, grasp the general trend, plan according to the trend, move in response to the trend, and act according to the trend
  
  The Buddha said that there is a law in the heart, and all laws are natural. People in Buddhism, all things can be crossed, and all things cannot be crossed. What is crossed is just layers of shackles in the heart. I only cross the predestined people. Yun Shang Hui Xin Limited
  
  I am Tan Canyun, an analyst who is willing to accompany you in times of trouble