Beware of the Trap of Chasing Up and Killing Down, Liang Qiandong10.23Real time trend analysis of gold and crude oil in the European market with solutions

already existing 430 Secondary Reading2020-10-23 16:36 |Personal classification:gold

What we have walked through is time, what we have seen is the market situation, what we have tasted is gains and losses, what we have tasted is gains and losses, what we have accumulated is experience, and what we have achieved is the realm. We are filled with emotions of bitterness, spiciness, sourness, and sweetness, indifferent to the market, not worried about everything, not worried about things, not thinking about things, not greedy when encountering profits, not disorderly in times of danger, following orders according to departments, planning strategies, and operating step by step, so that we can stay in a chaotic market and steadily move forward. On the contrary: if one only craves profits, disregards risks, is aggressive and belligerent, and carries it to the end, they will inevitably fail. Those who are skilled in warfare have no outstanding achievements in battle! The market trend is constantly changing, and only by keeping up with the times and following the trend can we stand firm. A single flower cannot sustain a beautiful spring, nor can one person's power change the market trend. We only need to step on the train to the destination when the opportunity comes, and if the water is three thousand, we can only take a spoonful. The investment market is a place where miracles occur, believe in them, and create them. Profits require a complete system. Once we master this complete system, the market will no longer be unpredictable, but will become our friend. Below, I, Liang Qiandong, bring you a simple article that I hope can help you with.
  
Liang Qiandong【lqd1918】Famous financial bloggers focus on spot gold, London gold, and analysis of gold trends Suggestions for crude oil operations, foreign exchange market USD exchange rate, USD index[align=center]  [/align]
Interpretation of Gold Day Market
  
Message: Friday(10month23Spot gold slightly declined during the Asian session, with the lowest point falling to1901.41dollar/Ounces, as the US dollar index rose for the second consecutive day; The hope of the US COVID-19 aid plan before the election weakened, and the global new COVID-19 infection cases surged, making the US dollar bottomed out and recovered. Focus on the final debate of the presidential election held at Belmont University in Tennessee, USA, with a duration of approximately90minute.
  
In terms of data, it will be released soon in Europe and the United States10monthPMIData, investors need to focus on, which will reflect the global economic recovery situation and may have an impact on market sentiment. Due to the rebound and recovery of the US dollar index93.00Pass, showing signs of stabilization, United States10Treasury bond yield hit a new high in more than four months inETFThe decline in holdings has led to an increase in short-term bearish signals on the technical side of gold, and gold prices are facing further downside risks in the short term.
  
Technically, gold fell from its high yesterday and closed lower. The US market took advantage of the news to explore again, reaching its lowest point1894On the first line, all the upward momentum at the beginning of the week was taken back. Although there was a wave of decline in the evening, the rebound strength in the late trading session was moderate, and the highest rebound was reached1908Nearby, half of the resistance to the decline may continue to fluctuate in a cyclical manner today, so don't rush to catch up with the short in the evening trading today. Look more and move less.4The hourly wave of washing up and falling, returning to the lower track of the box oscillation range, accompanied by a bottoming up needle thread, and supported by Bollinger Road and the low points at the beginning of the week, makes the continuation of the strength of the Asian market today unclear, mainly due to the high frequency of repeated washing this week. If the European market remains stable after opening1894Above the low point, a short-term rebound is not ruled out to regain lost ground again.
  
The high point of rebound after yesterday's US market dip was1908Location, this is the short-term pressure that needs to be paid attention to today, and it is also the reason for yesterday's decline0.382The resistance of the segmentation line, if the backdraft cannot break through this position, there is likely to be a new low today. If it passes1908-1910It means that the market is fluctuating and not continuing again, above1920Go down to high altitude and operate in the interval. A simple understanding is that today's market rebound is unbreakable1908-1910The position can be empty, the target is visible1894Of course, if there is a breakthrough1908-1910Pressure, then continue to pay attention1918-1920Choose the right position to go empty, follow the trend, and the simple four words are the essence of all operations. No trading system should expect to seize all the market trends, but when the trend arrives, make sure to be in the car. Currently, the decline of gold has been determined, and what we need to do is to rebound empty with the trend! Overall, Liang Qiandong's personal suggestion for the short-term operation of gold today is to focus mainly on short selling through rebound, supplemented by short selling through rebound, with a focus on short-term operations above1910-1912Resistance, short-term focus below1890-1892Frontline support. Can you please communicate with me about the situation where you have orders and covers on hand? As Liang Qiandong is not aware of the specific locations and positions of your orders, it is not possible to provide corresponding strategies for resolving them. Please add/Jialiang Qiandong Official\/Micro:lqd1918Unlock your order.
  
Interpretation of the intraday crude oil market
  
Message: United StatesWTI 12Monthly crude oil futures electronic price Thursday(10month22day)Closing up0.58USD, increase1.45%Report40.61dollar/Bucket. Oil prices rose on Thursday, boosted by the possibility of an economic stimulus plan from the United States, but failed to fully recover from the previous trading day's decline. Oil prices plummeted last day as the rise in US gasoline inventories suggests a deteriorating demand outlook with a surge in COVID-19 cases. Both Meiyou and Buyou saw more than a drop on Wednesday3%, which is the largest daily decline in three weeks. Earlier on Thursday, the oil market gained momentum as US House Speaker Pelosi stated that an economic stimulus package with the White House was close, boosting expectations of potential improvement in demand. The daily number of COVID-19 infections in several states of the United States and Europe has reached a new high, coupled with further blockade measures and China's restrictions on outbound travel, all of which indicate poor fuel demand.
  
Technically, crude oil initially declined yesterday and then rose, with a slight decline in early morning trading39.7Nearby stabilizing and fluctuating, prices quickly rose and pierced in the afternoon40.4The region is located in a strong region and fluctuates, with a quick rebound before the US market stabilizes for the second time in the evening40The checkpoint experienced a strong pull up rebound, and ultimately rose and pierced before the closing bell41Strong closing at the checkpoint, daily closing bottomed out and rebounded to a small positive, with prices breaking through the previous day's top to bottom conversion level40.5The resistance at the checkpoint has led to a bullish counter trend, continuing the recent wide range of volatility and not breaking out of the bearish trend. The price has pierced the previous day's opening decline41The front line is in the midst of strong shock consolidation;
  
From the daily chart, the three tracks of the Bollinger Belt run slightly downwards,MA5Mean Square andMA10Moving average cross dead cross downward,KThe line intersects near the Bolin Middle RailMA60Below the moving average,MACDThe fast and slow lines gradually flatten to the right in a golden cross, and the red kinetic energy decreases,KDJThe third line diverges downwards with a dead fork, and the overall trend of the daily chart market is still in a weak state,4Looking at the hourly chart, the Bollinger Belt runs three tracks to the right,MA5On the moving averageMA10The moving average crosses the golden cross upwards,KThe line intersects below the Bolin track,MACDThe fast and slow lines form a dead cross and gradually flatten to the right, resulting in a decrease in green kinetic energy,KDJThe upward divergence index of the gold cross in the third tier trading is neutral, and there is a certain downside risk in the short term. Overall, Liang Qiandong personally suggests that the short-term operation of crude oil today should focus on a rebound short position, supplemented by a pullback long position, with a focus on short-term operations above41.0-41.3Resistance, short-term focus below39.5-39.7Frontline support. The operation suggestions in the article are for reference only. Specific suggestions are given at the current price of the actual offer. Friends who are not ideal in operation or cannot grasp the market direction can add guidance from Liang QiandongvYour words:lqd1918Obtaining guidance quota
  
When you understand what trends are, trading is no longer lost. When you understand what is important and what is secondary, it shows that you know how to weigh the pros and cons. Trading is the consideration of the human heart. If you fall, you want to lower yourself, but if you rise, you want to higher yourself. Every failed case is human greed, and every successful case is a rational reward. In the face of a trend, all operations that go against the trend will bury one's own funds, while those that go with the trend are afraid to take action. If they fall for a long time, they will go long, and if they rise for a long time, they will go short. Many people follow this approach in trading, but they do not know that this approach has any technical basis.
  [size=3][font= ]Liang Qiandong - Senior Foreign Exchange Analyst for Gold, Silver, and Crude Oil. I have been engaged in financial market analysis and research for many years. Having a solid knowledge of financial theory and accumulating rich practical trading experience. Proficient in applying wave theoryKThe line shape and moving average system are used for trend prediction, with a robust operating style. Has rich market experience, excels in long and short single line layout and market analysis direction, and has a decisive and steady operating style.[/font][/size]

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