Song Yiyang:4.3Analysis of the intraday trend of gold and the latest operational strategies

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　　【4.3goldMarket Trend Analysis

Monday（4month3At the beginning of the Asian market, spot gold weakened and fell due to fluctuations, causing it to fall behind for a while1955Pass to1949.62dollar/Ounces continued last Friday's decline, mainly suppressed by the rise of the US dollar. Last week in the United StatesPCEAfter the data, the market generally expects the Federal Reserve to raise interest rates once again, helping the US dollar rise. On Monday, the US dollar index continued its upward trend and hit a new high in the past week due to the weekendOPECUnexpectedly reduced production, causing oil prices to jump nearly8%Exacerbating global inflation concerns, but this may also limit economic growth and increase the demand for safe haven buying in the US dollar.

This trading day will usher in the United States3monthISMmanufacturingPMIData, previous value is47.7Market expectations are47.5This is close to1The worst performance in nearly three years hit by the month, with this expectation slightly biased towards bullish gold prices. This week will bring a series of heavyweight economic data: the United States3monthISMNon manufacturingPMIData, USA2Monthly factory order rate, US3monthADPChanges in Employment, United States3In addition to the non farm employment report for the month, there will also be interest rate decisions from the Federal Reserve of Australia and the Federal Reserve of New Zealand. It is expected that multiple Federal Reserve officials will still deliver speeches, and investors need to pay attention.

Technical analysis:

Last week, gold rose and fell, but in the morning, it opened flat and fell below4Trend line below hourly cycle1956Further open the front line to the bottom1925section. Perimeter level5MASupported on1951Nearby, daily level prices are currently running in Brin Zhonggui1950Nearby. If the daily benchmark falls below, gold may enter a medium-term bearish trend, with support from below within the day1950   1935  1890.Upper pressure1968  1975.Daily operation attention1950In the case of a first-line break, if it is effectively broken again, the main trend is to rebound and short.

Golden Day Operation Strategy:

Upper pressure level:1968    1975    1985

Lower support position:1950    1945    1926

Operational strategy:

　　1, rebound1965Nearby short air, Stop loss1970，  target  1950   1925(Asia Europe period)

　　2Explore below1925Going long nearby, Stop loss 1918   target 1935

　　【4.3Within the daycrude oilTrend Analysis

In terms of crude oil, OPEC member states led by Saudi Arabia suddenly promoted a collective "voluntary" production reduction, reducing production every day100Ten thousand barrels, starting from next month until2023At the end of the year, Biden had just requested Saudi Arabia to increase production and publicly stated that it would temporarily not purchase crude oil. This would have led to the idea of kicking Saudi Arabia as a ball and directly causing it to lose value. As soon as the news of production reduction was announced, this morningWTIThe crude oil jumped into the air and rushed to the top81.4It's really a fairy fight, causing disaster for the people, and oil prices skyrocketing at the opening8%Previously, due to less strong market demand, the overall oil price was still weak, and in the early morning, it opened high and went low, with a large jump range and a far departure from the moving average. It is important to first see how much adjustment can be made during the day. Stay tuned below78Nearby support, if it really falls to78Nearby, then there will be volatility within the day, and the possibility of breaking the high again is relatively small. If the US market is under pressure, it can still go short.

Crude Oil Operation Strategy: Callback78There are many nearby, defense77, Objective79.8-9Near.

Author/Song Yiyang

(Note: The above article was written by the team of Song Yiyang. Please indicate the source when reprinted. It is a warm reminder that there are risks in investment and caution should be taken when entering the market. The article has a lag, and due to differences in platform locations and delays in online publishing, the above analysis does not provide specific entry points. Operational suggestions are for reference only. Please do your own risk control.)