Zhang Jucheng;9·10Gold is chasing the bullish trend and beware of a pullback, with recommendations for gold and oil operations.

The first button was wrong, but you didn't realize it until the last one. Some things are wrong at the beginning, but they only have to be admitted in the end. It's like1451reach2075The rise of strength leads to strength all the way, but if you don't carefully view it as weak, you will be completely wrong. Trading will not lower your standards due to your tears, and trends will not give you everything you want due to your fragility. No one cares about your downfall, no one loves your tears. Others only care about your abilities, whether you will succeed or not.(See contact information at the end of the article)

　　

Internationalgoldquotations analysis
　　
Spot gold under pressure1940The US dollar, vaccine concerns, and increased uncertainty about Brexit have boosted gold, but the US dollar continues to strengthen and pressure gold prices as the focus shifts towards the European Central Bank9Monthly interest rate resolution, gold price waiting for range breakthrough. Traders will adopt a cautious tone and are more willing to wait for clearer evidence from the New York market to determine whether the rise in the US dollar and stock market sell-off will continue. The US dollar index has jumped to nearly a month high relative to other currencies, making holding gold in other currencies more expensive. The sell-off of technology stocks caused the stock market to fall for the third consecutive trading day, and a major pharmaceutical company delayed vaccine testing, bringing some respite to the gold market. Investors are now turning their attention to the European Central Bank scheduled for Thursday's meeting9The monthly interest rate resolution, although the region is actively taking action to support the economy hit by the epidemic, is not expected to introduce major policy measures, and investors will closely monitor inflation forecasts. Market participants are also waiting for the Bank of Canada, which will be later this day9The monthly resolution, and the Federal Reserve is also scheduled to hold it next week9Monthly interest rate determination
　　
The price of gold in the major cycle2015-1900Interval oscillation, small periods formed1946-1916The oscillations are repeated. Although the price plummeted yesterday1916We have reached the lowest point1906Location. But from1906We have launched a continuous upward attack, and it may not be possible to test it again today1906Support, so let's take a look at the small cycle first1946-1916The repetition of. At present, the short-term price of gold has formed1951-1946-1941The market has experienced multiple sharp declines. Below is the formation of1906-1902The stock has repeatedly stopped falling and risen. So the main resistance currently is in1946-1943Below the area, the main support is located1906-1916Nearby. The daily chart forms a continuous cross star horizontal chart, with short-term prices1946-1916The oscillation is repeated, so we will continue to pay attention to it1940-1946Short selling opportunities, follow below1920-1915The opportunity to do long. In summary, Zhang Jucheng suggests focusing on high altitude and low altitude in the interval for operation. Break through and follow up on the trend.

　　

Internationalcrude oilTrend analysis
　　
United StatesWTI 10Monthly crude oilfuturesElectronic disk price on Tuesday(9month8day)Closing down2.93USD, decline7.37%Oil prices fell sharply on Tuesday, after Saudi Arabia lowered prices10The official selling price of light crude oil per month, and the number of new cases in multiple countries has once again risen. In several regions of India, the United Kingdom, Spain, and the United States, the number of new cases is increasing, and the resurgence of the epidemic may weaken the global economic recovery and hit fuel demand. Both Meiyou and Buyou are in a state of self preservation8Under the trading range that has been deeply stuck since the beginning of the month. Brent crude oil futures fell for the fifth consecutive day, and since8The cumulative decline since the end of the month has exceeded10%. Due to sluggish demand and a weak stock market, the market sentiment was suppressed, and Mei Oil fell more than9%, refresh6month15Since the low point of the day36.13dollar/Bucket, oil distribution from6For the first time since the end of the month, it has fallen below a barrel40USD.
　　
Technical analysis of crude oil: After Monday's weak horizontal consolidation, it has accumulated momentum. After pulling down the indicators, yesterday's volume broke through the low and went down. Continuation after breaking the interval. Refreshed the recent single day decline amplitude. Long term narrow range sorting, from yesterday39.10Direct weakness in the area has declined to36.10.The daily harvest is a major bearish candlestick. After breaking through the daily chart, it experienced consecutive negative declines. Partially entering adjustment, previously repeatedly emphasizing that the range never breaks the upper track and falls below the lower track41.0Partial emptying. And they have been following the trend with empty operations after breaking through. Yesterday's intraday trading39.0Short selling directly also hits the target38.0-37.50.The daily trend closed lower and will continue appropriately today. Short term operations rely on this position for defense. If there is a slight rebound, take advantage of the trend and bear short. The Asian and European markets will first see the inertia of falling to a new low and then promptly dropping the bag, mainly due to the continuation of inertia after the daily decline. As for whether they can still diverge from yesterday's space. It depends on the sustainability of the European market. If the European market rebounds with a downward trend, it will turn into volatility. Conversely, if it continues to decline weakly, it will continue to release space unilaterally. No matter how you operate. Combine the form in the plate to determine. The current form of support still shows a downward trend in inertia, indicating that the bearish trend will not change. Overall, in terms of short-term crude oil operations today, Zhang Jucheng's personal suggestion is to focus on rebounding and short selling, supplemented by a pullback and long selling, with a focus on short-term operations above38.0-38.2Frontline resistance, short-term focus below36.0-35.5Frontline support.
　　
Jucheng's message:
　　
The answer to all questions is never unique and unchanging. Whether the market is going up or down, you cannot control it yourself. Only by keeping up with the pulse of the market can you avoid being eliminated. The market cannot always go up or down, and what is certain is that it will always go right. Risk is an objective, inevitable, and under certain conditions, it also has certain regularity, so we should pay more attention to risk control in operation.
　　This article is provided by Zhang Jucheng. I interpret world economic news, analyze global investment trends, and conduct in-depth research on commodities such as crude oil, gold, and silver. Technical Director Zhang Jucheng unloads online, returns losses, and provides one-on-one real-time guidance on WeChat:zjc8393Due to the delayed nature of online push, the above content is my personal suggestion. Due to the timeliness of online publishing, it is for reference only and at my own risk. Please indicate the source for reprinting.