Xu Weizhong:9.11The short-term volatility pattern of gold trend remains unchanged High altitude and low altitude operations during the day

"If you want to invest, you must achieve profitability" is a common saying that Xu Weizhong often says to friends who have just started investing in the market. Some people say that my requirements are too strict, but investing is not a joke. If you are not prepared to persevere, it will be difficult to make good investments. It's not to scare you, no one's money comes from a flood. I hope all investment friends can take responsibility for their own funds. A correct trading method cannot guarantee 100% profit, but without a suitable trading method and operational strategy, it is absolutely unacceptable. If you don't want your funds to shrink, I will think independently and provide you with advice and advice here!
　　
　　goldMessage surface:
　　
Friday(9month11day)Spot gold under pressure1950dollar/Ounces, the overnight European Bank resolution, including Lagarde's speech, was overall biased towards an eagle, disappointing market expectations for easing. However, the overall risk appetite in the market improved, and the US dollar index fell slightly, but still93.2Above, Asian stock markets have also rebounded after the previous sharp decline, with overall bullish and bearish factors for gold, once again falling into a volatile pattern in the short term. The efforts of the Trump administration and Democrats to reach an agreement on an economic stimulus package to combat the pandemic are still stalled. The US Senate failed to advance the Republican Party's "slimming down version" of the economic stimulus plan to combat the pandemic on Thursday52yes47The vote was rejected and did not meet the requirements for moving towards procedural steps60Tickets. The scale of the "slimming version" plan is only5000Billion US dollars, compared to before1Halving the trillion dollar scale is also far below the Democratic Party's previous proposal2.2A requirement of trillions of dollars.
　　
The European Central Bank maintains its three major interest rates and the scale of emergency bond purchases unchanged. It is expected that the main interest rate of the European Central Bank will continue to be maintained at the current or lower level until the inflation outlook stabilizes and approaches but is below the current level2%The level of. Over time, bond purchases will continue to be conducted in a flexible manner.
　　
Analysis of Gold Market Trend:
　　
Analyzing the gold daily chart: Gold rose and fell yesterday, and currently trading in1940Near the US dollar. Daily chartMACDThe green kinetic energy column is basically stable,KDJRandom indicators remain stable at50Below the horizontal level, it indicates that the bearish momentum of gold still exists or may further fluctuate. gold4Analysis from an hourly perspective: Gold prices have briefly broken through200After the moving average continued to decline, it is currently approaching20The average level of the period.MACDThe red kinetic energy column continues to weaken,KDJThe random indicator has sharply declined near the overbought level, indicating a weakening of bullish momentum for gold. From a technical perspective, gold is expected to maintain a volatile trend in the short term.
　　
The upward and downward trend of gold yesterday had a significant impact, and the daily trend ended with a bearish column with a long upward shadow. It continued to rely on the low point for the day1935-33Going up on the front line, this area is the support area for the previous rise, and the gold price remains stable at the end of the week1933Support on the front line, without considering being overly bearish. The market changes over time, and the strategy also needs to be adjusted accordingly. If the market does not continue to decline, follow up as expected. Therefore, on Friday, we will also maintain a low bullish position and consider changing the strategy when the market reverses. On the operation side, Xu Weizhong suggests being bullish on the low side and paying attention to the high side1960Suppress, follow below1933-35The support of; In terms of investment, operational issues can be added to the author's communication. Attitude determines everything, and details determine success or failure. The article can only provide a temporary direction and idea. As for the specific entry points and timing of resolving the situation, please follow Xu Weizhong's official WeChat account:xwz2535Will be provided in real-time.
　　
　　crude oilMessage surface:
　　
Friday（9month11US crude oil slightly declined and briefly fell below during trading37USD level, current report37.21USD, decline0.24%. Overall, the overall trend of oil prices is bearish, with concerns about slowing demand being the biggest driving factor, but the market is still paying attention to itOPEC+The trend of. at presentOPEC+Caught in a dilemma, on the one hand, low oil prices have led to a widening budget deficit, but on the other hand, if we deepen production cuts to support oil prices, it may lead to a loss of market share. It is expected thatOPEC+A preliminary signal may be given on this issue at the meeting. Focus on US crude oil drilling data for the day, with two weeks recording an increase in the past three weeks. Simultaneously following the United StatesCPIData, Xu Weizhong believes that oil prices are still expected to rebound in the environment of rising inflation expectations and the depreciation of the US dollar. US Energy Information Agency(EIA)Reported that US crude oil inventories increased last week200Ten thousand barrels. This confirms that the American Petroleum Institute(API)Report inventory increase300The trend of tens of thousands of barrels, and the general market prediction is to reduce130Ten thousand barrels. Despite being in the oversold range, concerns about demand will continue to limit the space for oil price rebound until there is a clear signal of demand recovery. Follow and follow "Xu Weizhong" to get real-time latest market operation suggestions and a central line layout plan!
　　
Analysis of crude oil market trend:
　　
From the perspective of crude oil technology, from a daily perspective, crude oil fell again the next day, and the rebound was suppressed5The daily moving average has fallen, and the intraday trend has shifted from rising to falling, recording a mid day bearish trend with a long upward shadow. The daily trend is upward, and crude oil will continue to operate next week5Below the daily chart, with strong suppression, it may continue to decline within the day; From a four hour perspective, Xu Weizhong observed that the next day crude oil remained on the medium track and continued to decline. Currently, the Bollinger Bands are closing and moving downwards,MAAfter moving out of the golden cross, the moving averageMA5Turning head downwards andMA10Forming a dead cross,KDJThe three lines of random indicators are downward,MACDThe red kinetic energy column of the indicator has started to shrink, with the fast and slow lines parallel to each other. Currently, crude oil is in the process of rebounding and correction, but the top has strong suppression, and there is still a downward trend in the day. Overall, Xu Weizhong suggests that the short-term operation strategy for next week should focus on a pullback with a low margin, and the short-term focus should be on the upper level38.5-39Frontline resistance, short-term focus below36.5-36Frontline support. The article can only provide a temporary direction and idea. As for the specific entry points and timing of resolving the situation, please follow Xu Weizhong's official WeChat account:xwz2535Will be provided in real-time.
　　
————Message from Xu Weizhong
　　
A common mistake made by traders is to conduct trading operations without a plan, and the results are also very unsatisfactory. Blindly placing orders by investors will inevitably lead to losses; After losing money, one will feel disheartened and extremely nervous, knowing that the market trend has changed,Still having a mentality of luck, indecisiveness, constantly relaxing the price range of stop loss stocks, or having no concept or plan of stop loss stocks at all, always hoping that the market price will completely reverse at the next resistance point, resulting in a loss that is enough to damage morale. Investors can only avoid losing again in future trading after experiencing this kind of hardship, but I need to slowly change this because it is inherent in human nature, and as long as I remind myself of this mindset in the future, I can avoid it. The psychological misconception that corresponds to the mentality of loss giving rise to luck is the mentality of profit giving rise to greed. After placing the order, the price is still rising, so why place the order; The price has started to fall, you need to take a look. When the order turns into a loss, you are even more unwilling to place an order. By the time you are forced to cut your head and enter the market, you have already suffered heavy losses.. The profitability of an investor is largely determined by their trading philosophy. If an investor's trading philosophy is conservative, then their account risk control will definitely be superior to others.
　　
Whether it is technical analysis or fundamental analysis, there is a key point that needs to be grasped, such as when we use technical indicators to analyze market trends; We cannot predict the future direction. Only by following the development direction of the market trend can we obtain stable income and accurately predict the future market trend, which brings maximum satisfaction to self traders. It can make you feel outstanding, and no one can predict the accuracy of the market to the level required for high proportion financing exchanges. Furthermore,Trading profits do not rely on accurate predictions, which is crucial forfuturesFor outsiders, this is somewhat bizarre and obvious at first glance,Accurate prediction can ensure transaction profitability,Therefore, almost all traders spend extra time and money trying to learn better prediction methods. As is well known, analyzing fundamentals is not helpful in predicting trend changes, and price changes often occur before fundamental news is released. Therefore, traders turn to technical analysis.
　　
This article is written by Xu Weizhong (official WeChat account:xwz2535）Exclusive and original by an analyst. I have always been passionate about the gold and crude oil markets. Due to the delay in online push, the above content is my personal suggestion. Due to the timeliness of online posts, it is for reference only and at my own risk. Please indicate the source for reprinting