3.1Will gold and crude oil continue to rise next week, and how to operate the opening market next Monday with multiple orders to unwind

Preface: Investment is like playing chess. Those with high chess skills can see five, seven, or even a dozen steps, while those with low chess skills can only see two or three steps. High players consider the overall situation, plan the overall situation, and do not prioritize one piece or one place, with the ultimate goal of winning the game. Low players compete for every inch of land, only for temporary needs, resulting in frequent difficulties. Trends must have a long-term vision, investments must have long-term planning, and layout skills are the key to success. When making investments, if your abilities are not enough to support your current situation, then you need a strategist to help you control the overall situation. A choice is a turning point! One attempt is an opportunity!
　　
Message: Friday(2month28day)The US dollar continues to decline, with the US dollar index hitting2month5Recently, it has reached a new low97.95Due to Powell's release of interest rate cut signals; Affected by stop loss trading, fund selling, andoptionDemand impact, USD/JPY plummeting160Point, fall below108At one point, the intraday decline reached1.9%, for2017year5The largest since the beginning of the month. Spot goodsgoldClose to decline60USD, refresh2month12Since the low point of the day1563.07dollar/Ounces, the deepest intraday decline close to5%, setting the largest daily decline in nearly seven years. The panic over public health incidents has severely hit the oil market, with US oil falling this week16%Yes2008year12The largest weekly decline since the beginning of the month.
　　
Why did gold plummet? Zhihao Dianjin analyzed that at a time of significant fluctuations in global stocks and bonds, gold's hesitation has left many traders at a loss. Zhihao Dianjin believes that under the current situation, whether it is the impact of the virus epidemic, geopolitical conflicts, or the expectation of loose monetary policy from major central banks, all are providing support for the rise of gold. However, the market still believes that the impact of the epidemic on the global economy is short-term, and the previous experience of gold has significantly increased. Currently, the market lacks enthusiasm for long buying gold. Therefore, many investors are prone to engaging in profit locking operations at the current high level. Another reason for the decline in gold is that due to the collapse of the US stock market, several funds urgently need cash and speculators need to transfer funds to meet the demand for additional margin in the stock market. Zhihao Dianjin believes that the reason for the decline in gold prices may be that investors sold gold to make up for the additional margin in the stock market crash. Gold is used as a liquid asset in the stock market for trading. Moreover, the sharp decline in the US stock market has caused some institutions to have problems with their risk management models, leading to selling behavior in the gold market.
　　
Gold: From a daily perspective, spot gold saw a significant pullback after a unilateral increase; In the past two trading days, gold prices have been hindered from going up, with a longer upward lead, indicating strong selling pressure above and the possibility of gold prices reaching their peak; Preliminary support at Friday's low point1571Nearby, strongly supported2month3Daily high point1560Nearby, if the support is breached, increase the bearish signal on the midline. Preliminary resistance above20Daily moving average1600Gateway; If resistance is maintained at this position, it will disrupt the bearish signal of high level "swallowing" and increase the opportunity for further upward momentum in the future.
　　
Spot gold from4From an hourly perspective, there is a unilateral decline; The opening of the Bollinger Belt is downward, currentlyMACDDead cross, gold price biased towards probing1570Nearby support, if it breaks down, further support will be provided2month12Daily low point1561Nearby support, if breaking through the support at that position, increase the midline bearish signal; Due toKDJAppearing in oversold areas, coupled with the ongoing pandemic, there is still a risk aversion, so bullish gold still exists. Overall, in terms of next Monday's operational strategy, Zhihao Dianjin's personal suggestion is to focus on rebounding at high altitudes, supplemented by a pullback and long positions, with a focus on short-term attention above1598-1600Frontline resistance, short-term focus below1570-1572Frontline support.
　　
Suggestions for Gold's next Monday operation:
　　
　　1Gold Callback1575Go long nearby, defend1570On the target1590-1595Nearby;
　　
　　2Gold rebound1598Short and defend nearby1603Look at the target below1592-88Nearby;
　　
　　3Gold breaking through levels1602Move up long, stop loss1597On the target1615-20Nearby;
　　
　　3The strategy is for reference only, and the specific entry points for real-time changes in the intraday market can be found on Zhihao Dianjin WeChat(bzd99996327)The actual offer shall prevail;
　　
　　crude oilIn the past week, due to the continuous impact of health panic on risky assets, both the US and oil companies suffered heavy losses this week. United StatesWTIContinuous crude oil production6Falling in trading days, refreshing2018year12Low since the end of the month43.85dollar/Barrel, weekly chart plummets by over16%, creating2008The largest weekly decline since the end of the year. At the same time, Brent crude oil has also been continuously6Falling in trading days, refreshing2017year7The lowest level since the beginning of the month48.94dollar/Barrel, weekly chart also suffered a significant decline14%, creating2016year1month15The largest weekly decline since the beginning of the day.
　　
From a technical perspective, crude oil has been hit hard by public health panic, with crude oil falling this week16%, lowest touch43.85dollar/Bucket2008year12The largest weekly decline since the beginning of the month; Daily continuous6Daily closing yin,MACDandKDJDead cross operation, short positions on the moving average, and there is still a risk of further decline in oil prices; Preliminary support in2019year1month2Daily low point44.35Nearby, Friday low point support at43.85Nearby, if the oil price falls behind this position, further support will be provided to look towards it2018Annual low point42.36Location. However, the poor demand outlook will increaseOPEC+There is a possibility of expanding the scale of production reduction next week, and Saudi Arabia is also seeking to further expand the scale of production reduction100Ten thousand days/Barrel, which may limit the short-term downward space of oil prices; AndKDJApproaching oversold areas, if oil prices persist44.35To support the upper level, we need to be vigilant about the possibility of low oil price fluctuations and mild rebounds. The initial resistance above is below the Bollinger Line46.81Nearby,5Daily moving average resistance48.34Nearby,2month3Resistance at daily low points49.31Nearby, oil prices need to run above this level again to effectively weaken the current bearish signal. Overall, in terms of next Monday's operational strategy, Zhihao Dianjin's personal suggestion is to focus on rebounding at high altitudes, supplemented by a pullback and long positions, with a focus on short-term attention above46.3-46.5Frontline resistance, short-term focus below43.8-44.0Frontline support.
　　
Suggestions for crude oil operations next Monday:
　　
　　1The rebound above the crude oil does not break46.3-46.5Short on the front line, stop loss0.4US dollars, look at the target45.2-45.0frontline;
　　
　　2The downward correction of crude oil does not break44.0-44.2Long on the front line, stop loss0.4US dollars, look at the target44.8-45.0frontline;
　　
　　3The market is constantly changing, and the price points are for reference only. Investment is risky and entering the market requires caution. For more details, please follow Zhihao Dianjin's official website||Wei:bzd99996327；
　　
Message from Zhihao: Tea can intoxicate people, Buddha can overcome them. There is only one purpose in investing, which is to earn more money. In order to make the people around us live better, no one's money is brought in by strong winds or picked up for nothing on the road. This market does not lack teachers, what is lacking is a conscientious teacher, a responsible teacher who considers problems from the perspective of customers. I will work together with you in both glory and disgrace, progress and retreat. A responsible teacher can enter your heart, know what you need, and understand everything at once. My principle of being a person is to speak the truth and do good deeds!I follow the principle of placing orders, we look before the order arrives, and we take action when the order arrives!Customize different investment plans for different clients.
　　
This article is written by Zhihao Dianjin (WeChat:bzd99996327）As a contributor, I interpret world economic news, analyze global investment trends, and conduct in-depth research on commodities such as crude oil, gold, and silver. Due to the delayed nature of online push, the above content is my personal suggestion. Due to the timeliness of online publication, it is for reference only and at my own risk. Please indicate the source of the reprint.
　　
The author of this article is Zhihao Dianjin, WeChatbzd99996327。