Yu Yue on Jin:10.26Will gold continue to fall after a sharp rise? Analysis and operation of gold market trend...

  Market interpretation:



　　周二市场疲软的经济数据，提升了美联储可能放缓加息部分的预期，美元指数周二大跌近1%, hitting a new low in nearly two weeks110.76Providing support for gold prices, US bond yields have also fallen from multi-year highs. It is expected that there will be more and more discussions about the Federal Reserve changing monetary policy in the future, which is expected to provide further rebound momentum for gold prices. But multiple central banks around the world will still raise interest rates in the short term75The expectation of one basis point makes bulls hesitant.



United States8The monthly housing price decline exceeded expectations, and two out of the three components of the Richmond Federal Reserve Bank's manufacturing index are10The month has significantly deteriorated, and the current situation index in the World Enterprise Research Consumer Confidence Index has dropped sharply, further weakening the Federal Reserve12Monthly interest rate hike75The expectation of one basis point has raised the expectation that the Federal Reserve may slow down its interest rate hike, and the US dollar index fell sharply on Tuesday1%, hitting a new low in nearly two weeks110.76Providing support for gold prices, US bond yields have also fallen from multi-year highs. It is expected that there will be more and more discussions about the Federal Reserve changing monetary policy in the future, which is expected to provide further rebound momentum for gold prices. However, the market expects the Bank of Canada to raise interest rates this week75On Thursday, the European Central Bank will raise interest rates by one basis point75By one basis point, it is highly likely that the Federal Reserve and the Bank of England will raise interest rates next week75One basis point, holdinggoldThe cost will further increase, and bulls are looking forward to more data to support the expectation that the Federal Reserve will slow down its pace of interest rate hikes in the future. Today, we still need to pay attention to the United States9Monthly adjusted new home sales annualized total, pay attention to geopolitical and UK political situation related news.



Gold Technology Analysis:



　　周二行情很简单，跟周一走势一样，先跌后涨，亚欧盘冲高至1654The market has started to decline nearby, reaching its lowest point in the US market1638Stimulated by the decline of the US dollar in the US market, gold has emerged from its potential for significant gains, with the actual highest reaching1662High point, rising all day24The US dollar, however, fell out of the bearish trend for gold at midnight and closed at1650Nearby. The daily chart remains above the moving average and continues to rise. On Wednesday, gold continued to be bullish despite relative weakness in the US market, with key checkpoints remaining unchanged. Please pay attention above1670，1683Stand firmly1683Above, a bullish trend can be formed, with the high point of the daily Bollinger Bands visible above1720。



　　从小周期来看，由于早盘开盘黄金在1650Directly rising, the upward momentum has not been fully exhausted, and the European market may still rise toH4Cycle high point1670Nearby, therefore, there is still space above, but trading is not chasing too much. The hourly cycle closes, above1670Under strong pressure, you can see short positions in the oscillation range. After the pullback is over, you can take advantage of the trend and place long orders, with support below1650，1645The US market may have more support points, waiting for strong upward momentum. It is worth noting that the US dollar is falling below110Afterwards, a bearish trend can be formed, and gold is breaking through1683Afterwards, a bullish trend can be formed. For intraday operations, it is recommended that gold be traded in the European market1670The post suppression can fall back according to the shape, and the low-level support is in1650，1645Take advantage of the situation and read more1683Is it broken.



Silver Technology Analysis:



　　昨日白银早盘开盘在19.195After reaching a certain position, the market will rise first19.37The area has fallen nearby, and the daily minimum has been given18.77After reaching its position, the market surged strongly and reached its highest point19.42After sorting out the position, the daily line finally closed at19.32The market closed in a hammer shaped pattern with a very long lower shadow nearby, and after this pattern ended, today's market continued to be strong. It is recommended to make a correction in operation19.05Multiple, stop loss18.85, look at the goal19.45.Break the position to see19.7and19.9.




　crude oilAnalysis of the latest market trends



Analysis of crude oil message surface:10month26At the beginning of the Asian market on Wednesday, American Oil Trading Co., Ltd84.63dollar/Near the bucket; Oil prices rose slightly on Tuesday, as the US dollar weakened and the Saudi Energy Minister emphasized supply concerns, boosting the oil market. The Saudi Energy Minister stated that the tightening of the global liquefied natural gas market and supply cuts from major oil producing countries have put the world in the "first truly global energy crisis". The escalation of the "dirty bomb" scandal between Russia and Ukraine has also boosted oil prices, which is being closely monitored in the dayEIAdata Focus on the United States during the day9Initial value of monthly wholesale inventory rateEIAdata



　　原油技术面分析：原油昨日再次十字星KLine consolidation closing, consistent with daily review expectations, maintained at87.0-82.0Pull back and forth between intervals. And yesterday it was given83.0There are more lower tracks and upper tracks85.80-86.0Empty. Basically, it is a intraday oscillation range, currently entering a back and forth tug of war, and the continuity of long and short positions is not strong. Small cycle Bollinger Bands close, with the daily chart showing a narrow cross for four consecutive trading daysKLine closing, short-term waiting for direction selection, intraday short-term still looking to fluctuate within the range. In terms of news, the weakening of the US dollar and the Saudi Energy Minister's emphasis on supply concerns have boosted the oil market. On Monday, government data showed that China9Monthly crude oil imports decreased compared to the same period last year2%Eurozone, UK, and US10The monthly corporate activities have shrunk. Expected increase in crude oil storage in the United States last week100Ten thousand barrels, this may limit the increase in oil prices. crude oil4Hour chart and1The hourly chart shows a parallel closing of the Bollinger Bands, which remained oscillating back and forth between the upper and lower tracks yesterday. Currently, the Bollinger Bands are still closing, and the short-term trend for the day is still within the range87.0-82.0Fluctuating back and forth. Breakthrough and adjust mindset, short-term operations remain consistent with yesterday, and move up the track85.80-86.0Short space, lower track82.80-83.0Nearby is much shorter. Looking back at the upper and lower tracks in the ultra short term, it is safe not to be reluctant to fight, break through the range and follow up with the trend. In summary, the recommended crude oil operation strategy for today is mainly to retrace to lower levels, with a secondary focus on rebounding to higher levels. Short term attention should be paid to the upper levels86.0-86.5Frontline resistance, short-term focus below83.0-82.5Frontline support.