Huang Zhiying:4.9Don't chase after high levels of foreign exchange gold! It's not afraid of losses when trading gold! Analysis of Gold Crude Oil Technology

Huang Zhiying:4.9foreign exchangegoldDon't chase too high! It's not afraid of losses when trading gold! goldcrude oiltechnical analysis


Although there was a rebound in the US gold market on Monday, the continuity was insufficient, and there was also intraday volatility10Around the US dollar, it is sufficient to indicate that the current upward momentum of gold is not strong enough, and today's gold strategy is high and low!


The weakening of the US dollar and the rise and fall of gold are not one-sided



On Monday, spot gold rose sharply, hitting a new high3month28New high in recent days1303.79The decline of the US dollar, as a safe haven, has driven the strength of spot gold prices. There are two major factors driving the strength of gold prices. Firstly, last Friday's strong non farm payroll led to the rise of the US dollar index, and the emergence of long profit taking positions in the US dollar gradually pushed the US dollar back down, accompanied by the resurgence of gold priced in US dollars; Meanwhile, more importantly, the tense geopolitical situation in many parts of the world has reignited the demand for safe haven gold buying; Therefore, the employment report released by the United States earlier showed a cooling of wage growth, supporting the Federal Reserve's decision to suspend further interest rate hikes this year, and causing the US dollar index to weaken again.





Due to the increasing optimism of investors towards the risk market, the market has begun to reduce its long exposure to gold. At the same time, against the backdrop of rising US bond yields, the strong performance of the US index has prompted traders to establish new short positions in gold. Gold is currently approaching its key technical resistance. For now, US economic data still provides some support for the US index, which will force investors to remain cautious in their gold investments. Therefore, the gold price may experience range bound fluctuations, and there is still some time before it becomes one-sided. Don't be blinded by a temporary rebound. In addition, investors are also paying attention to the upcoming new critical timeline for Brexit in the UK. Huang Zhiying, your wordsmacd9088


Analysis and Suggestions on the Trend of Gold Crude Oil

Affected by the weakening of the US dollar under pressure, gold continued to fluctuate and rebound yesterday, breaking through at one point1300Pressure, measure to1303First line, followed by some repairs, and finally returned to oscillating below the thousand three mark. The daily chart closed with a small yang with a long upper shadow line. On the daily chart structure, the rebound pressure measurement state of gold yesterday indicates that the short-term market has certain rebound conditions, but the trend of rising and falling also shows that the bullish momentum and confidence are still lacking. Furthermore, although1300There have been some punctures, but they have not constituted an effective breakthrough, nor have they changed the overall oscillation pattern of the daily chart structure




4Looking at the hourly chart, yesterday's continuous increase in pressure measurement reached1304In the vicinity, technical pressure and overbought divergence of indicators are also the main reasons for the subsequent downward adjustment of the market, although the space is not large. At the same time, in the early session96There is further rebound pressure measurement process on the front line, but the hourly chart structure still does not support it to be elevated1300There is still a certain level of suppression in the vicinity, so in the short term, gold is expected to remain around1300Compete for shock. Whether this pressure can be broken will be related to whether we can get rid of the problem of weak structure, but the overall trend of gold has not changed the weak structure and still has the conditions for mid-term decline. So, for the time being, we will adopt a range bound trading strategy, and the medium-term trend will depend on the expected adjustment. Therefore, for short-term trading, Zhiying suggests treating it with a range bound trading strategy. If there is pressure during the white market period1300Empty position can be light warehouse Bo Kong, follow below94In the case of breaking the position, if the decline does not break, consider going long, while at high positions, Teacher Huang does not recommend chasing long. Huang Zhiying's stomach, new/macdClip on9088


Crude oil continued to rise and closed up yesterday. The callback space is relatively small. breakthrough63.0Stable consolidation and upward trend above, refreshed during the US session64.30High, the weekly trend continues last week's upward trend. The daily chart shows the continued volume after consolidation, with a strong upward trend following the short moving average. Although the upward trend has lasted for a period of time, there is no obvious sign of stopping the rise, and there is a slight sign of a one-sided slow rise forcing a bearish trend. 4Hourly consecutive sunshine breaks high and continues to rise in volume, last week's retracement61.80The area has completed a wave of consolidation and accumulation, with relatively little room for correction. Horizontal consolidation has replaced the downward space, which belongs to the strong correction trend. Today's opening saw an immediate rise, with continued strength, but it is difficult to chase orders at the position, and the continuity of the Asian market's upward trend is relatively limited. Mainly in the upward space of the European and American markets, after the Asian market rises, the European market is expected to fluctuate for a longer period of time. Therefore, in terms of operation, more entry points are placed during the European trading period. Today's support64.2-64.0.






In the market, there are no people who have never experienced failure. The key is to always believe firmly and be fearless. Life cannot be completely compromised just because of a few failures. Life becomes more meaningful because of continuous persistence and resistance. A good mentality leads to a good future, leading the appreciation of positions and achieving millions of wealth!Only those who persist until the end and never give up are the ultimate victors!Recently, many investors have approached Teacher Huang, but they have found that the majority of them are losing money, and many of them are getting worse as they lose money. Most of them say they also want to speculate in gold, but they always find it troublesome and afraid of losing money again. Many investors have jobs, working during the day and resting early at night, so they cannot always pay attention to the market every day, nor can they grasp the fluctuations at any moment. Therefore, most of the time they cannot sell profitable orders, but they keep taking more and more losing orders, until they finally realize that they are not far from liquidation. Gold speculation was originally just for financial management, hoping to increase the value of the idle money in hand. Huang Zhiying, I am virtuous.Wei/newmacdJiashang Jiuling88What is the point of investing in something that is not worth the loss, as it becomes more wealth but also affects the pace of life and disrupts work efficiency? And let me summarize, there is no other reason for the loss than your trading mode and methods!


writing/Huang Zhiying