Yu Yue on Jin:7.10Analysis of the Rising and Falling Trends of Gold and Crude Oil Market Next Week and Opening Operations...

　goldNext week's market analysis:



Technical analysis of gold: From a technical perspective, at the weekly level, gold has been consistently negative for four consecutive days, with a dead cross in the moving average indicator,KDJAndRSIIndex dead fork divergence,MACDThe dead cross of the indicator crosses the zero axis, with the empty side occupying an advantageous position; At the daily level, after the decline of gold, it temporarily stopped falling and stabilized. The low level was consolidated horizontally, and the moving average index diverged with a dead fork. The Bollinger band moved downwards,MACDDead fork divergence below the zero axis of the indicator,KDJAndRSIThe downward trend of the dead cross indicator has slowed down, with bears occupying a dominant position and prices in the short term being in the adjustment stage.



From the gold hour chart, it can be seen that the gold price has clearly broken through the support to resistance line that began last Friday, coupled withMACDSending a bullish signal, this allows bullish gold bulls to maintain hope for gold prices within the three-day upward trend channel. The price of gold will be1750dollar/Nearby ounces50The periodic moving average encounters resistance, and the next resistance is on the upper edge of the channel(near1752dollar/ounce)。 If the gold price is conquered1752dollar/Resistance around ounces, then gold prices may rise100Periodic moving average and last week's decline50%Fibonacci retreat(stay1774dollar/Around ounces)。 Breach1774dollar/The ounce level seems to be a tricky issue for gold bulls. On the downside, if there is a pullback in gold, then the gold price needs to fall below the channel support line1737dollar/Ounces to attract gold bears. If it falls below this support, gold prices may challenge their recent lows1732dollar/ounce. If the gold price falls below1732dollar/Ounces, then it's not ruled out that gold prices will fall1721dollar/Nearby ounces2021year9The possibility of a monthly low point. In summary, it is recommended to focus on rebounding and short selling as the main operating strategy for gold next week, with many retracement and low selling as a supplement, and short-term attention above1752-1757Frontline resistance, short-term focus below1732-1727Frontline support.



　　crude oilNext week's market analysis:



Technical analysis of crude oil: Yesterday, crude oil rebounded and turned positive, recovering from the previous day's decline and losing ground. The daily trend was both negative and positive, and in the short term, it still fluctuated widely. In addition, the key support point below is93.0Not lost, neck line not lost, unable to open up the downward space in the short term. Although there was a decline at the beginning of the week, the overall operation is still within a wide range. The daily cycle of yin and yang will still be tested in the short term93.0-95.0Supporting the area, it is not ruled out to repeatedly touch the height, forming a sawing of intervals. Previously, the retreat was supported on the Bollinger track and also by the neckline, with no breakthrough in key points and mainly characterized by short-term fluctuations. 4The downward trend and rebound of the hour have recovered the lost ground from the previous day's decline, and the weakness will not continue. In the short term, it will bring back the volatility, whileKThe physical closing of the line is relatively strong, and the white market may continue to rebound first, but sustainability is still the main problem at present. The unilateral trend is not sustained enough, and when it is reflected in the short term, it will pull back and forth. In volatile markets with large volatility bases, short-term operations are more focused on entry points, and the direction is reversed. Finding a good entry point provides opportunities for both long and short positions. Overall, it is suggested that the short-term operation strategy for crude oil next week should mainly focus on retracing lower levels and rebounding higher levels, with a focus on short-term operations above106.5-107.0Frontline resistance, short-term focus below102.5-102.0Frontline support.