Chen Yibo:3.25Analysis of Today's Gold and Crude Oil Market Price Trends and Operational Strategies None...

Market consolidation leads to confusion, range breakthroughs lead to timidity, always seeking reasons for losses but not methods for profits. The market is improving and positions are decreasing!Over time, I lost my passion and confidence in profitability, and my previously positive mindset has been largely erased. But the market remains the same as before, with opportunities always hidden in risks. Seize them as you understand them, and seize them without letting go. Trends need to wait, profits need to endure, the process is painful, the results are beautiful, and there are only a few who ultimately reach the end. This is the key reason why there are fewer successful people than the average person.



　　goldMarket trend analysis



Analysis of Gold News: Wednesday(3month24day)COMEX 6Monthly delivery of goldfuturesrise in price0.5%, closing per ounce1735.50USD; The two consecutive days of decline ended, on the one hand, because there were signs that the rise in US treasury bond bond yields might be weakening, and the disappointing US economic report boosted the attractiveness of gold as a safe haven asset. Official data from the United States shows that durable goods orders have declined for the first time in nearly a year. U.S.A5The auction of one-year treasury bond shows that demand has increased. In addition, the yield of benchmark US treasury bond has not changed much, and has dropped by about10Basis points. Li Jucai believes that5The good auction result of the three-year treasury bond has provided good support for the bonds and kept the yield at a recent low, which is helpful for gold. In addition, durable goods order data has also boosted the attractiveness of gold. The Federal Reserve has stated that although we may see inflation rise, they will not intervene, which ultimately means that we may see a sharp rise in inflation, and the Federal Reserve will still wait and see. These factors are helping gold prices rise.



Technical aspects of gold: The focus of gold this week is on changes in form, opening form, and market volume; Narrowing the form and sweeping the market; Using the four hour Bollinger band pattern as a short-term market direction guide, changes in the pattern will guide a wave of short-term market directions. The opening of the form and the use of the lifeline as the dividing line between long and short dominance to further tilt the market, and the narrowing of the form, will be corrected around the upper and lower tracks of the Bollinger Belt. At the same time, it operates in conjunction with the position of the double track channel line. On Monday and Tuesday, the pressure rebounded and fell back at the upper track position of the double track channel line. Yesterday, the pressure also reached the lower track of the Bollinger belt and was near the support area of the double track lower track. The current dual line interval range1740-1722.5Lifeline boundary1738Upper and lower rail sections1744-1725。 As the dividing line of long and short dominance1738Under pressure, the market remains in the lower range, and support remains1725-23Area, break switch20The profit range of the US dollar is equidistant. If we sweep the market, we should still maintain a dual line range1740-1722.5To operate, it is necessary to determine the pressure on the double track track1740Only then can we determine the resistance and defend Bollinger from the pressure on the track to see the sweeping of the large area. The previous trading day was under pressure and fell, but the morning market continued to decline and rebound to correct. This is also the problem. The price has dropped, and the form has not yet opened up for volume expansion. Therefore, it is still necessary to pay attention to the volatility. Li Jucai suggests paying attention to two pressures in terms of price control during operation1738-1740Based on the pressure condition, the support is still1725-23Secondly1719。



　　crude oilMarket trend analysis



Analysis of crude oil news: United StatesWTI 5Monthly crude oil futures electronic price Wednesday(3month24day)Closing up3.1USD, increase5.37%Report60.86dollar/Bucket. Oil prices rose more than Wednesday5%Previously, a container ship ran aground on the Suez Canal, and people were concerned that this incident could cause delays in crude oil transportation, boosting oil prices after last week's decline. US oil and oil companies expanded their gains after US inventory data showed a further rebound in refining activity, indicating that most US refiners are already in the2Resumption of work after the cold wave that hit Texas in the month. The oil market's rise today seems to have stabilized the downward trend since the beginning of this month. At the beginning of this month, oil prices hit their highest level this year due to expectations of a recovery in demand. But with European countries returning to a state of lockdown to prevent a new wave of epidemics, these hopes have been shattered. Li Jucai believes that the market should have had a pullback, but now the pullback has ended. The short-term outlook is more promising. More vaccinations and more people being able to travel are both good news. US Energy Information Administration(EIA)The data also supports oil prices, showing that refinery operations are recovering after last month's winter storm caused the closure of Texas refineries. With the Organization of the Petroleum Exporting Countries(OPEC)And its allies have set a record for reducing production, and oil prices have rebounded from the historical low reached last year.OPECAnd its allies will4month1Hold a meeting on the day to consider whether to relax the production reduction efforts.



Technical aspects of crude oil: daily oscillation and topping;MACDDead fork,KDJDead fork,5Daily moving average underpass21The daily moving average, the rebound after last Thursday's sharp decline, is affected by5The daily moving average is hindered, and oil prices face the risk of returning to a downward trend. upper5Daily moving average resistance61.5Nearby, Monday's high point resistance62.0Nearby,21Daily moving average resistance63.0Nearby, if the position is accidentally recaptured, the short-term bearish signal will be weakened.4Looking at the hourly line, there is a rebound adjustment in volatility; The rebound in oil prices is affected by67.9-58.3Downtrend38.2%The double resistance of the retreat position and the middle rail of the Bollinger Line,KDJReorganizing into a dead fork indicates the end of the rebound and adjustment trend in oil prices, and the trend tends to regain its downward trend in the future. Preliminary support and attention below59.2Nearby, there have been five waves of oil price decline, and we need to be cautious about the continuation of the bearish trend, with the maximum amplitude being53.8Nearby horizontal, the upper empty watershed is62.0Nearby, further standing is expected to change the pattern of oil price bias. Price control of crude oil during today's operation, Li Jucai suggests paying attention from above62.0-61.5Pressure, following below59-59.3Support.