Yu Yue on Jin:7.6Gold and crude oil have plunged into multiple orders, where to go? Based on the current price layout...

　　goldLatest market analysis:


Technical analysis of gold: From the perspective of yesterday's gold daily structure, the gold first fluctuated and then rebounded during the day, but remained above1814The first line was blocked, and then the market fluctuated and retreated, while the low point in the European session retreated to1804On the first line, the overall trend is also in line with the expected volatility and digestion trend for the day. At present, the short-term market trend may not be easy to control, and the late US market closure will also make the market trading sentiment cautious, so the overall volatility will not be significant. Stay tuned above the evening gold5Daily line1812-14Short term pressure competition, although there were punctures within the day1812As5The pressure of daily and small cycle trend lines may still become a key point of contention in the evening. According to the daily structure, if we close today5Not too much on the daily line, but above1820Frontline action10The daily pressure and trend line pressure will still have a further suppressive effect, so short-term gold can be biased towards bearish, but do not expect too much space. Technically, the overall rebound is still weak, and the current rebound is only a technical oversold rebound, making it difficult to achieve a reversal.



At present, while both the bullish and bearish directions of the gold market may occur, it is recommended to focus on the wait-and-see approach in the current market, and follow the direction of the volatility before participating. The short-term trend structure should be clarified first, and the trend should still be bearish, meaning that bears have the main advantage. When the rebound is blocked and suppressed, they will still be bearish. Participation is the rhythm direction of the bearish market, rather than disrupting the rhythm direction due to short-term low rebound. Friday, althoughVType reversal, but never breaking the bearish trend line.4The mid hour orbit will stillKThe physical part of the line is pressed to death, and has not broken through the middle track multiple times, indicating the strong pressure. Breaking through is not a result of Asahi's efforts, and it will inevitably undergo the baptism of time. It is clearly not enough now. Now gold is at a critical watershed position, while4The mid hour track suppresses gold prices, and dual factors guide us to continue bearish on gold. In the absence of a reversal in the trend of gold, do not blindly copy the bottom. In summary, it is recommended to use rebound short selling as the main approach in today's gold trading, with backtracking long selling as a supplement, and short-term attention from above1790-1795Frontline resistance, short-term focus below1765-1760Frontline support.



　　crude oilLatest market analysis:



Technical analysis of crude oil: crude oil rebounded and closed higher yesterday, with the lowest retest107.30The first line started to stabilize, holding onto the low point of last Friday's late retreat, and ultimately rebounded to rise to110.30At a high point, and the daily harvest is at a high level, the harvest is in the middle of the positive line, and the daily rebound is consecutive positive.4The previous double dip rebound of the hour chart failed to break the low point, resulting in insufficient continuation of the decline. Combining with yesterday's hour chart, a wave of organized secondary rebound has been formed, currently relying on107.0Making a two wave small-scale rebound at a low point and touching a high point may lead to a short-term rebound, but persistence is a problem, that is, the persistence of rebound momentum. Structurally, there may still be broad oscillations. The combination of short-term operations in the day is from point to surface, and ultra short-term operations can be flexibly handled. Overall, it is recommended that crude oil operations today focus on rebounding from high altitudes, supplemented by bearish trading, with short-term attention from above106.5-107.0Frontline resistance, short-term focus below101.0-100.5Frontline support.