Liu Jingcan:8.4Gold rises and is hindered, silver fluctuates in a narrow range,Analysis of Gold and Silver Trends and Operational Suggestions

already existing 338 Secondary Reading2020-8-4 08:37 |Personal classification:Paper silver

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[b][font=Regular script, Regular script_GB2312, SimKai]On the surface of the news, it appears that the reason for the sudden rise of gold is:[/font][/b]


[font=Regular script, Regular script_GB2312, SimKai]At the beginning of the Asian market on Monday, spot gold opened slightly higher, once again breaking a record high1988.40dollar/ounce,COMEXThe main contract of gold futures has even broken through2000Pass, set a record high to2009.5dollar/ounce; The further deterioration of the COVID-19 in the United States and other countries, the tense international situation and other favorable factors continue to attract investors to increase the allocation of gold assets, providing support for gold prices. This week, there was a breakthrough in spot gold2000The opportunity at the checkpoint. This week(8month3Solstice8month9In Japan, the market welcomed interest rate decisions from the Reserve Bank of Australia and the Bank of England, as well as data from countries such as China, France, Germany, and the United StatesISMmanufacturingPMIdata U.S.A7The monthly non farm employment report will also be available in the8month7The daily finale made its debut; In terms of basic information, the global situation and some geopolitical situations still need to be focused, and the news about the COVID-19 epidemic also needs to continue to be focused.[/font]


[b][font=Regular script, Regular script_GB2312, SimKai]Yesterday's operation review:[/font][/b]
[color=#ff0000][b][font=Regular script, Regular script_GB2312, SimKai]8.3Evening gold66Perfect profit from multiple orders! A pullback is an opportunity to go long, it's that simple. Friends who are not ideal in operation or cannot grasp the direction of the market can follow Gongzong Hao: "Liu Jingcan" or add Wei*Ljj1632Obtaining guidance quota[/font][/b][/color][align=center][img]http://mp.myleguan.com/lf//dict_upload_file_module_3/20200804/jpg/50509166188098474r42530.jpg[/img][/align]
[b][font=Regular script, Regular script_GB2312, SimKai]1、 Analysis of Gold Trends and Operational Suggestions:[/font][/b][align=center][img]http://mp.myleguan.com/lf//dict_upload_file_module_3/20200804/jpg/50509181390388295r143.jpg[/img][/align]
[font=Regular script, Regular script_GB2312, SimKai]From a technical perspective, gold's weekly closing work last week on the monthly line remained at a high level overall, recovering from the losses at the beginning of the week and closing at1970Above. The monthly and weekly lines closed full, and today's opening inertia jumped high. Whether the strong bullish trend can continue after a high opening is still crucial. After the monthly and weekly volume surges, pay attention to the upcoming Yin Yang transition. After a high volume increase, once the volume is insufficient, the market will fall back quickly. At this stage, we are bullish and not chasing the high. The daily chart is currently experiencing a bearish turn, and this breaking high has been continuous4Both of them belong to the retreat after piercing the previous high point, which also indicates that they are testing2000Resistance.[/font][align=center][img]http://mp.myleguan.com/lf//dict_upload_file_module_3/20200804/jpg/50509188856058413r36100.jpg[/img][/align]
[font=Regular script, Regular script_GB2312, SimKai]gold4Continuous inertia surge during the hour chronic test high pointMACDThe inability of indicators to reach new highs has caused them to deviate from the top. The short-term stop and rebound of the US index also released the risk of a reversal adjustment in the high position of gold. At present, it is in a tight air to lure bullish gains, and every time a new high is reached, it is accompanied by a correction of a decline. It is worth noting that this Friday's heavyweight data from non-agricultural sectors will be released. We will see if we can leverage the improvement of the data to help the US dollar complete its rebound and suppress the top decline of gold. Of course, we also need to confirm repeatedly based on the pattern at the beginning of the week.[/font]


[color=#ff0000][b][font=Regular script, Regular script_GB2312, SimKai]Overall, in terms of short-term operation strategy today, Liu Jingcan's personal suggestion is to focus on a pullback and go long, with a focus on short-term operations above1990-1995Frontline resistance, short-term focus below1950-1955Frontline support.[/font][/b][/color]


[b][font=Regular script, Regular script_GB2312, SimKai]2、 Analysis of silver trend and operational suggestions:[/font][/b]


[font=Regular script, Regular script_GB2312, SimKai]At the daily level, the closing trend of the bullish candlestick has ended the previous three days of bearish volatility, indicating that bullish investors are once again favored. High prices have broken through the previous high, while low prices have not broken through the previous low, resulting in an upward trend. The Bollinger Bands have opened up, and prices are running on the upper and middle tracks. On the trend indicator, bullish investors have shown signs of turning around, while the volatility indicator is overbought and shows a high level passivation. At the weekly level, there is a bullish candlestick, but there is a longer up shadow, indicating that the position is facing strong resistance. Fortunately, after adjusting earlier this week, the bullish candlestick closed on Friday, further indicating signs of recovery in bullish trading. If silver can hold onto Friday's results today, there is a high probability that the trend will continue. From the daily chart, it can be seen that the trading range for spot silver is constantly narrowing, and currently trading is24Above the US dollar. Daily chartMACDThe red kinetic energy column gradually contracts,KDJThe random indicator indicates that the bullish momentum of silver prices has weakened today, or may come under pressure and decline, as the overbought level has decreased.4On the hourly chart, silver prices seem to have formed a continuously rising low point, so pay attention to the previous high point26.19Can it be broken through.MACDThe initial appearance of the red kinetic energy column,KDJThe random indicator approaches the overbought level, indicating that the silver trend may fluctuate further in the short term. Overall, if silver goes down, I first need to pay attention to it23.7-23.2Range support, further breaking down is a bit weak for bulls, and caution is needed before testing the important oscillation box in the early stage22.9-22.3Position support. Mo Qianji believes that after opening high today, silver did not rise high and did not continue its strong rise. Currently, it is necessary to pay attention to the support position of the pullback, and the upper level should pay attention to it24.6-25.0US dollar resistance. Friends who are not ideal in operation or cannot grasp the direction of the market can follow Gongzong Hao: "Liu Jingcan" or add Wei*Ljj1632Obtaining guidance quota[/font][align=center][img]http://mp.myleguan.com/lf//dict_upload_file_module_3/20200804/jpg/50509226998575044r43954.jpg[/img][/align]
[color=#ff0000][b][font=Regular script, Regular script_GB2312, SimKai]Author of this article: Liu Jingcan[/font][/b][/color]
[color=#ff0000][b][font=Regular script, Regular script_GB2312, SimKai]Guiding WeChat:Ljj1632/Official account: Liu Jingcan[/font][/b][/color]


[b][font=Regular script, Regular script_GB2312, SimKai]Author's Message: Establish a foundation of integrity, conduct the world with virtue, work with a grateful heart, take responsibility with a responsible heart, pave the way with strength, and lead the market trend with a pattern[/font][/b]


[b][font=Regular script, Regular script_GB2312, SimKai]psDue to website deletion, some images may not be displayed. You can search the article title to view the complete articles on other financial websites.[/font][/b]

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