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Chen Bowen:11.20Evening Gold Crude Oil Analysis Strategy

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Recently made mid line short positions with a capital of over $6000 can be operated without constantly monitoring the market. If needed, you can follow up via private message

Chen Bowen:11.20Evening Gold Crude Oil Analysis Strategy678 / author:Chen Bowen / PostsID:1513102[/table][/table][/table]Click here to add image captions and text<component-cursor style="width: 1px; height: 1px; user-select: all;">



goldAnalysis Strategy


There are always people in the market who believe that gold prices will have a clear bullish advantage overall. But the rapid changes in the market are uncontrollable. Gold is currently experiencing a consolidation and rebound trend, having gone through two waves of upward movement, and the daily pressure level is concentrated in1480Nearby area! This position is also the top and bottom conversion position in the early stage. Although the current market is rebounding, there may still be room for improvement above, but it could also be in the late stage of the rebound! The risk of chasing too many at the current position is greater than the return! current quotation1476.At present, the uncertainty of short-term market trends has increased, but overall it is still weak. The focus of attention in the short term is still on1480Gains and losses will determine whether gold will continue to be weak.

The recent volatility in the gold market is largely attributed to the uncertainty of the safe haven situation. The outside world originally expected that the two countries would sign the so-called "phase one" agreement this month to ease the long-standing tensions between the two sides16A month long safe haven battle. But yesterday's report caused a setback to this hope, reigniting uncertainty in the economic and trade negotiations between the two countries, which shook the financial markets! This makes gold bulls hesitate. The current problem facing gold is the rise in US bond yields, a decrease in the possibility of the Federal Reserve tightening monetary policy, and a significant rebound in the stock market; Any signal of easing risk aversion will prompt investors to withdraw from the gold market. If the wording of the Federal Reserve meeting minutes released this time is hawkish, it will provide a strong boost to the US dollar, thereby suppressing the current rebound momentum of gold.

Overall, nighttime operations are still dominated by high-altitude operations

crude oilAnalysis Strategy  Crude Oil MorningAPIThe data is significantly bearish, with oil prices falling below key support levelsKTwo solid bearish lines, but hourly lineKDIndicator golden cross rises, there are signs of short-term rebound, focus on eveningEIAdata Operate mainly at high altitude, pay attention to above55.6and56.2Pressure.



European Gold1478Continue to hold empty positions

Chen Bowen:11.20Evening Gold Crude Oil Analysis Strategy869 / author:Chen Bowen / PostsID:1513102[/table][/table][/table]Click here to add image captions and text<component-cursor style="width: 1px; height: 1px; user-select: all;">
11.20Recommendations for Operation of Gold Crude Oil

1, Gold1478Go long, protect1482, look at the goal1471-1468
2, crude oil56.2Short selling, protection56.7, look at the goal55.5-55
3The above suggestions are for reference only. More suggestions will be provided based on changes during the trading session

Trading is nothing more than a test of human nature. Set your mind right, place orders rationally and calmly. Trading is not that difficult. I am Chen Bowen. I wish you a pleasant investment
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