Yang Hua's Discussion on Gold: The Golden Waterfall Falls Down, Within the Day1775Keep empty below

Waiting and procrastination are the easiest things to crush a person's fighting spirit, and hesitation is your biggest enemy. If you can read, don't daydream. If you can sleep, don't procrastinate. It's not easy to find what you want to do, and youth should be wasted on beautiful things. Remember, only dreams deserve to make you uneasy, and only actions can relieve all your anxieties. Today is the last trading day of this month, and tomorrow is May Day. Wishing everyone a happy holiday!

Yesterday,goldYapan Rush Up to1790In the article, it is also emphasized that do not follow the sharp rise of the Asian market, wait for the market to continue, and put the trading time before the US market. As I expected, gold prices rose and fell, while the European market continued to decline1770Low point, this position has been lost, and the price has once again fallen in a waterfall, falling below the previous level1759Key points, refreshed1756The new low, sustained broad fluctuations in gold prices for several days, finally broke through the existing range.

On Wednesday, the gold price stagedVThe reversal trend is mainly influenced by the dovish comments of the Federal Reserve. The US dollar has fallen, and gold prices have quickly rebounded upwards. Currently, after the news has gone through, prices have returned to rationality. Yesterday's morning surge was also a release of energy from the previous night's news. However, the gold price did not continue to rebound due to the news, but quickly fell and fell below1759Key support level, the pullback this time is quite significant, with a decline of30The US dollar is very unfavorable for the rise of gold.

Today, the price of gold has fallen below the last line of defense for bulls, which I have been emphasizing constantly1759Key support level, it is difficult for bulls to break through here and rise again. Therefore, in terms of operation, it is relatively clear that the price rebound is empty. We need to find resistance in the falling market, support and leave the market. Do not reverse the logic, do not operate against the trend, and focus on the gold price above1781If the pressure position is broken through here, then the gold price will continue to strengthen. However, before the breakthrough, it is still mainly empty.

The US dollar is still falling endlessly. Although the overall market decline is not significant, the price has been extremely weak. Slow falling markets usually have a downward acceleration process, and it is expected that the price will further decline, as can be seen88reach89First line, above we follow91.14If the pressure level is broken through here, then the adjustment of the US dollar will come to an end. When looking for a reversal in a falling market, it is necessary to stand at the high point before the previous decline, so that we can see a rebound or reversal in the future. Currently, there is no sign of an upward trend in the US dollar, so a rebound is sufficient.

Silver, also cascading down yesterday, directly from26.40Falling down and breaking through25.8Key support position, and refreshed25.69Low point position, although the price rebounded and reached an upward trend in the early morning26.12Position, but did not change the downward trend, and it is expected that the price will continue to fall below25.8, towards25reach24.5Moving forward, then, in terms of operation, the intraday rebound is approaching26.1You can go short and defend against it26.4Position, continue to observe the decline of silver.

　　crude oilStill maintaining a steady upward trend, yesterday's article also provided a strategy for increasing crude oil prices, and currently the prices have refreshed65.43High point position, from4You can see the hourly level, and the price is closely related5，10Above the moving average, maintain a good upward trend, and each downward trend is for better upward momentum. Therefore, in terms of operation, continue to retreat and go long, approaching within the day64.3Defensive in63.53Continue to see new highs in crude oil.

Gold, from1According to the hourly chart, gold prices quickly rebounded before the US market yesterday1781Position, followed by a waterfall like decline, directly breaking through1759Key support position, and refreshed once again1756At the low point, although there was a rebound in the early morning, the downward trend of gold prices has not changed. Therefore, in terms of intraday operations, the upper level should pay attention1781The high point before yesterday's decline, if it is broken through here within the day, then the future gold price will strengthen again. However, from the current stage, the difficulty is relatively high. Now that the market has already fallen below1759So it's better to follow the trend with short orders and rebound within the day1775reach1774The position is open for entry, but the defense must be in place1781Above, continue to see new lows in gold, if1781If we break through, we can backhand more then.

Bitcoin, since bottoming out and rebounding this week, its price refreshed yesterday56000Location, but continuously55000Nearby oscillation consolidation, we still need to pay attention to it58000If the pressure level is broken through again, the price will continue to challenge upwards64000, even higher positions, focus on following below51000reach50000If this support level is lost, then the price is not just about46000Moving forward, it is highly likely to be tested43000Location, therefore, the price of Bitcoin is currently moving in a very indecisive manner, and we will remain on the sidelines for the time being, once58000If broken through, the price will be like a runaway wild horse, setting a new historical high.

Operational strategy:

Gold: In1775-1774Void1782, Objective1760-1750；

Silver: In26.1-26Void26.4, Objective25.5-25。

Wen/Yang Hua's Discussion on Gold（ レ:yjh15271853699）

Disclaimer: The above analysis only represents the author's personal views and does not constitute specific operational suggestions. Based on this, we are responsible for our own profits and losses, and investment is risky. We need to be cautious when entering the market.