Spot Gold Shengyuan:11.20黄金走势分析，今天继续区间操作1468Bullish

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Let's first look at the trend from the perspective of the large cycle. Let's first look at the daily chart and combine it with the hourly chart. If the bulls are strong, then the strategy for taking orders is mainly to call back and take long positions;After optimistic about the trend, we will determine the approximate entry point and how to choose the right entry point. Then, we will judge the support and resistance levels based on the daily and hourly lines;If we fail to break through after multiple attempts, we can determine the current support level, and similarly determine the resistance level to determine the direction of operation. Only through continuous exploration and learning, mastering investment skills, possessing trading analysis skills and trading systems, can one survive in this market for the long term. Excessive reliance on others' analysis is not a good thing. However, investment also requires experience and cannot be done blindly; To analyze rationally and act according to the situation; Only by recognizing market trends and following them can risks be minimized.

Message surface:

Spot Gold Shengyuan11month20Daily News 　周三亚市盘中，国际现货goldbe located1473.60dollar/Ounce level trading. The recent trend of gold has been relatively volatile, as the overall market sentiment is complex, and both long and short sides are caught in repeated games and struggles. On the previous trading day, the gold price surged to a high in the morning session of the Asian market1475.24dollar/Ounces, but then retraced from a high point and touched1464.69dollar/Ounces, and then the gold price rebounded from its low and fluctuated again, almost closing at a cross star on the day. As of this trading day, gold is showing a volatile consolidation trend, having touched earlier1475.18dollar/Relative high point in ounces.

The overnight US dollar index is almost hovering around the flat level, currently at97.90Nearby. The US economic data released on Tuesday showed improvement,10The monthly housing construction has rebounded,10The total number of monthly construction permits has jumped to over12Annual high, but the boost to the US dollar is not significant. While the US dollar is consolidating narrowly, gold has shown some resilience in rebounding, hitting a high overnight1475.24dollar/The ounce high point is still holding onto the short-term upward trend of volatility. Due to the recent significant impact of the economic and trade situation between the two countries on market sentiment, investors are waiting for clearer information on reaching a preliminary agreement between the two sides and ending the long-standing dispute. The market's risk aversion sentiment is lingering, and gold bulls are still testing.

Investors will face a major risk today - early Thursday morning Beijing time3:00, the Federal Reserve will announce10Monthly meeting minutes. At the last meeting, the Federal Reserve lowered interest rates, but officials subsequently issued signals to pause the rate cuts during their speeches12The probability of the month remaining inactive has increased to100%The minutes released today will reveal the future of the Federal Reserve(And not limited to12On the monthly resolution)The monetary policy clues, investors can focus on the signals that the minutes will convey.

Gold trend analysis:

Gold oscillates higher, bulls counterattack, defend1468Low to high layout. The daily chart is still closing at the moment10Above the daily line, but physicallyKThe line is not big. The continuation of long and short positions is difficult to determine. At present, it is still undergoing a rebound correction in a downward trend. And the rebound lasted for a long time, making the short-term trend volatile. Although it is in a downward trend, the pace is slow, and the rebound has not completely stopped rising and turned back, but rather a sustained small bullish line rebound and closing higher. Looking for a rebound in the daily chart, we are currently seeking high pressure points. Still need to pay attention above1483One area. Gold opened high and rose sharply in early trading yesterday1475Pressure on the front line, forming a rapid decline and falling to1469At the end of the trading session, it rose1474upper. Yesterday, the gold price fluctuated within a range, and the daily chart closed lower than the bullish line.

Current daily chartMA10The daily moving average support is at1465，MA30Daily moving average suppression1484The moving average system's daily chart shrinks and closes,RSIIndicator communication is on the central axis upwards50Run below the numerical value. Daily chart analysis: Gold will continue to fluctuate and rise in the short term, hold onMA10Daily moving average1465The rebound will continue. The four hour chart forms a volatile upward trend, with the low point gradually rising. Gold price is on the riseMA10Running above the daily moving average, the moving average system opens upwards,RSIIndicator station on the central axis50The value is pointing upwards, and the gold price should pay attention to the upper middle of the Bollinger Bands. Short term gold structure and technical indicators support bulls, and it is expected that the rebound will continue. Overnight position1467Multiple arrivals1474Expected goals. Today's gold spot market, Jin Shengyuan, suggests that the operating strategy is still to lay out low and long first, and hold on for the day1470/1468Low to high layout, focus on the top1478、1483、1488The high point targets in sequence. The European market is like breaking1478Or stand up1475Then hold more. Arriving from above1484、1488Choose an opportunity and leave it empty.

Golden Operation Strategy:

1Suggestions1467-1468Short first, stop loss1463The goal,1476-1478nearby

2Suggest not to break1484-1483Short selling, stop loss1488, Objective1475-1473nearby

3Real time fluctuations in market trends are recommended for reference only. The specific operational strategy is based on the spot gold Shengyuan (WeChat ID:)swj178）Guidance based on actual inventory;

crude oilTrend analysis:

Crude oil continued to fall from its previous high yesterday. At the opening of the trading session, it is a high point, and it falls weakly for a day. Set the largest daily decline in recent times, falling below56.0After the defensive point, open the space to the lowest point55.0.And the daily chart closes with a big bearish candlestick. The technical level has fallen below the upward channel and turned bearish. Due to market concerns about a global oversupply of crude oil,APIThe increase in crude oil inventories far exceeded expectations and was affected by trade, opening up space for oil prices to suffer setbacks. As the daily chart closes in the low break range. Short term bearish trend today. The daily chart shows a continued decline. Crude oil breaks the downward trend line and tests the upward trend line,55.0After rebounding, it will naturally become bearish again. Crude oil from53.8Since the bottoming out and rising trend, we have maintained the upward channel operation, and our long position layout has provided us with opportunities58.0The high point is under pressure, and yesterday the US market broke through to record the largest single day decline of the week. Yesterday's morning oil prices were around57.0Horizontal trading at the checkpoint, with a slight pullback in oil prices after noon56.6Backdraft57.2Nearby, the European market is under pressure and the hourly chart has formed a continuous bearish trend, breaking through the level56.5Low point support, the formation of the US market accelerates and maintains a weak downward trend in the late trading session55.1low point.

The daily closing line is at a low level, with a bearish ending. At present, the daily chart shows that the downward trend of oil prices has broken through the moving average systems of various small cyclesMA10Daily moving average56.8Support the lost turn downwards,RSIIndex penetrates the central axis50Numerical value. The bullish structure of the daily chart has been disrupted. The short-term four hour chart forms a continuous bearish trend, with the moving average system opening downwards,RSIThe indicator falls below the central axis and is tested downwards30Numerical, the Bollinger Bands open downwards. On the technical side, short-term oil prices have broken the rebound and upward structure formed over the past few days, but the upward channel of the four hour chart of oil prices still exists, which is effective. Lower rail support55.0The checkpoint is currently not breached. Today, it is recommended to adjust the main strategy of crude oil spot trading to rebound and wait for a high altitude layout, with low and high prices as auxiliary operations. Stop falling within the day55.0Holding the checkpoint can lead to a short-term and bullish rebound, followed by a rebound above55.8、56.3Seize the opportunity for short positions to intervene, take a look below55.0The trend line is supported, and if it falls here, holding short will lead to a downward trend54.2、53.6The front low.

Suggestions for crude oil operation:

1Suggested crude oil55.6-55.7Short selling, stop loss at56.2Target Look54.5Near.

The primary principle of investment is to avoid risks. If risks cannot be avoided, then make a profit3The money from a single order will be repaid, and it's not worth the loss. Every person's success has its own methods, and investment trading must have its principles. Accumulating small gains and fighting for big with small gains are the fundamental principles of trading. However, many people have forgotten their original intention, putting their interests in front of them but hanging risks on the wall. In fact, a successful investor does not rely on a unique technical indicator or a very accurate technical analysis, but on having the correct operating philosophy and methods, respecting trends and operating accordingly, avoiding arbitrariness and confusion, and accumulating small victories for big victories.

In the personal opinion of Professor Shengyuan of Spot Gold, investment itself is a game, not only a science, but also an art. Most people may not understand investment and think it is just about making money. However, the true meaning of investment lies in the ability of investors to learn how to use and control money, that is, the ability to make money. As a financial investment, it is a very special investment. Professor Shengyuan of Spot Gold has been engaged in the financial industry for many years, studying international situations and hot events. The financial field is vast and profound, with daily market fluctuations. All I can do is use my years of research experience to help everyone. Friends who often make mistakes in direction and have poor control over entry and exit points, such as hedging, unlocking, and losing money, can communicate with me.

Full guidance time: early7：00In the early morning of the next day2：00

Comprehensive guidance teacher: Spot Jinshengyuan Analysis Team
Wen/Spot Jinshengyuan (WeChat:swj178）