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【Morning summary 】September 7,2020

Refresh time:2020-09-07

On Friday, when the tensions between China and the United States continued to spread, the conflict between China and India once again drew market attention. In terms of data, the non-agricultural employment report released by the United States on Friday performed strongly, regaining the favor of the US dollar index, and the bulls were temporarily respite. After the recent sharp surge, US stocks were sold on Thursday and Friday for two consecutive days, and gold fell again because of this drag. The highest within the day reached $1,941.98, the lowest callback to $1916.29, and the closing price rose by $4.39 to $1,934.77. The daily line showed a reversal test small Yangxian pattern.  In terms of the US dollar index, the US dollar rose slightly on Friday. The highest within the day reached 93.24, the lowest fell to 92.65, and closed up 0.04 to 92.80. Non-agricultural surged 1.37 million people and the unemployment rate plummeted to 8.4%. Trump and Pence praised , The number of non-agricultural employment in the United States increased by 1.37 million in August, and the unemployment rate fell to 8.4%. Because the US economy continued to rise, it got rid of the widespread economic downturn. According to data released by the U.S. Department of Labor on Friday, the unemployment rate hit the lowest level since the March coronavirus lockdown.Another indicator, including discouraged workers and workers who work part-time due to economic reasons, also fell, from 16.5% in July to 14.2%, and the peak in April was 22.8%. At the time of the release of this report, a series of economic signals were mostly positive, with retail sales, real estate and manufacturing showing a sharp rebound from the lows reached after the outbreak of the new crown epidemic. However, economists worry that if Congress does not introduce a new round of stimulus measures, the boost in economic activity may be short-lived. These employment data reflect the great victories of American workers. Considering that unemployment insurance applications have hardly changed in recent weeks, this is a welcome surprise. The unemployment rate breaking the 10% mark is undoubtedly a huge psychological boost.  In terms of spot gold, the price of gold rose slightly on Friday. Looking at the daily line, the MACD green kinetic energy column was basically stable, and the KDJ stochastic indicator continued to hover around the 50 level. In 4 hours, the MACD green kinetic energy column gradually weakened, and the KDJ stochastic indicator tried to overtake. The selling level rebounded. On the whole, the price of gold tried to gain a foothold after falling for two consecutive days. The current trading volume is around $1,940. The bearish momentum is solid, fearing further shocks. Strictly set the stop profit and stop loss in operation.  In terms of spot silver, the price of silver rose slightly on Friday. Looking at the daily line, the MACD green kinetic energy column turned to expand, and the KDJ stochastic indicator fell below the 50 level. In 4 hours, the MACD green kinetic energy column weakened slightly, and the KDJ stochastic indicator tried to be oversold. Rebound. On the whole, the silver price of silver is hovering at a low level after three consecutive days of decline, and the current trading volume is around US$26.85. The bearish momentum is strengthened and prices may fluctuate further. Strictly set the stop profit and stop loss in operation.  Spot gold:  Resistance: 1942, 1949, 1958 Support: 1927, 1922, 1915  Spot silver:  Resistance: 27.22, 27.47, 27.68 Support: 26.83, 26.63, 26.45