Industrial Investment: Gold's Small Rise Approaches1200 Follow the minutes of the Federal Reserve meeting

Industrial Investment:goldSmall rise approaching1200 Follow the minutes of the Federal Reserve meeting
2018year8month22day
gold
International spot gold1196Wandering on the front line and then stepping back1187.55, then continued to rise, but in1196Nearby still hesitated, despite the US dollar index continuing to decline under Trump's bombardment, approaching95.00Gateway. According to reports, former lawyer for US President Trump, Michael Cohen, pleaded guilty to eight charges including tax fraud, bank fraud, and campaign financial violations, which were carried out at the behest of his then boss and presidential candidate Trump. The likelihood of Trump being impeached has skyrocketed. However, against the backdrop that tonight's Federal Reserve meeting minutes may continue to show hawkish support for the US dollar, the rebound in gold prices is quite cautious, which has led to the recent upward trend of gold prices still not breaking away from the long-term downward trend.
Technically speaking, the daily chart is continuous4Daily rebound, but20The daily moving average is still downward, and the overall trend is still bearish.
Key resistance:1202/1210/1217
Key Support:1190/1185/1180
Today's suggestion:
The rebound momentum of the hourly chart remains intact, but within1196There is a struggle in the long and short positions on the front line.4After stabilizing from a low level, the hourly chart is dominated by bulls, with the moving average system diverging upwards, but the upward movement can slow down. Suggest seeking early trading within the day1196Step back on the front line1190Nearby opportunities, pay attention to whether this stage can stabilize.
silver
The silver bullish and bearish positions are still in a tug of war, with limited overall amplitude and the highest upward trend14.83, lowest touch14.70. Trump accused the Federal Reserve of raising interest rates and expressing dissatisfaction with the strength of the US dollar, and his former lawyer pleaded guilty to multiple charges, increasing the risk of impeachment. The US dollar rapidly expanded its decline under double pressure, but silver prices failed to gain further action from it, indicating that bulls were cautious in the minutes of this week's Federal Reserve meeting and before the speech of Federal Reserve Chairman Powell. Seeking opportunities to follow up after breaking through the range in the first two days of this week.
Technical aspect, daily chart subject to10The daily moving average is suppressed and falling into consolidation, with random indicators tending to further rise, waiting for opportunities to break through and follow up.
Key resistance:14.83/14.90/15.10
Key Support:14.70/14.63/14.58
Today's suggestion:
The hourly chart is stuck in consolidation and needs to be effectively stabilized14.80Further upward space can only be opened above,4The hourly chart is gently organized, with a slightly upward shift in focus, but lacks upward mobility. Suggest waiting within the day14.83-14.63Follow up after breakthrough, slightly empty.
copper
Copper prices rise moderately, reaching their highest point2.7029Subsequently, there was a slight pullback and a candlestick with a shadow was recorded, indicating that the rebound was struggling under overall downward pressure. The weakening of the US dollar and optimistic expectations that progress may be made in the upcoming economic and trade negotiations between China and the United States have boosted copper prices, but the avoidance of strikes by intellectual copper mines has limited the rebound space for copper prices. It should be noted that the rebound in copper prices in the past week has not reversed the overall weakness. Without a decent bullish push, the decline may still continue.
Technically, the daily chart continues to rise slightly, with random indicators indicating further upward potential, but approaching7Monthly organization platform and20Daily moving average, rebound space may be limited.
Key resistance:2.7060/2.7200/2.7530
Key Support:2.6700/2.6500/2.6230
Today's suggestion:
The short-term rebound trend of the hourly chart remains intact, but2.7000There are signs of obstruction below.4The deviation of random indicators in the hourly chart may drag down copper prices2.7000One line of decline. It is recommended to operate with caution during the day,2.7000Seeking opportunities to short positions when encountering obstacles on the front line, tightening stop losses, and breaking down2.6700follow-up.