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Overall, emerging markets are in a better situation because I don't expect a repeat of the big swings that we saw in emerging markets in the second quarter. Despite the economic growth, judging from the current daily chart: it is close to the trend line support position. Yesterday, the author made an assertion that a short-term bottom will be formed, ushering in a wave of rebound above the US dollar. This idea still holds true. Yesterday, after a slight shock, the report closed on the negative line. , the short-term pressure is concentrated on the position, near the bottom, the author recommends entering in batches to enter the mid-line long order here, and the target is temporarily set to be nearby.
Judging from the hourly chart: the daily moving average continues all the way down. Yesterday, it rebounded slightly but failed to break the daily moving average. At the same time, short orders were successfully placed in the market and the US dollar left the market, and the short-term daily moving average moved slightly upward. It is down, but the strength is weak, and it is expected that there is a chance of another wave of decline. The upper pressure focuses on the USD/ounce position. The overall short-term trend also needs to be corrected and accumulated before a relatively perfect rebound can occur, so in terms of operation, you can wait for the bottom to place mid-line orders.
Taken together: the day's operation starts with a small short position and then a long position. Open a short position with a light position at the upper pressure position. The target is the position. At the bottom, enter the middle line long order in batches with a backhand on the first line. Trade with the trend but do not blindly follow the market turning point. The grasp of the profit rate determines the size of the profit rate, and the grasp of the entry point determines the confidence of the position.
Operational suggestions
: Short positions in early trading, stop loss. The target period has already risen. In addition, the market is also worried about China's economic instability this summer, but currently
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