Yue Ying Talks about Gold:1.13Is silver rebounding as crude oil is supported by production cuts?

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Fundamental analysis:
U.S.AWTIcrude oil2monthfuturesThursday(1month12day)Income increase0.76USD, or1.45%Report53.01dollar/Bucket. Brent crude oil3Monthly futures closed higher on Thursday0.91USD, or1.65%Report56.01dollar/Bucket.
The production reduction actions of countries such as Saudi Arabia and Kuwait are in full swing, and market analysts estimate that the production reduction target has been completed by more than 70%, which greatly alleviates previous investor concerns. At the same time, the pressure on the US dollar has also opened up greater upward space for the rebound of oil prices.


Technical analysis of crude oil:


U.S.AWTIFrom the four hour trend chart of crude oil, it can be seen that oil prices further surged yesterday53.5The US dollar is facing resistance and is currently a key resistance for the day. If it can break through expectations, we will look forward to a pullback54Above the US dollar, preliminary support looks towards the direction52.8Near the US dollar, if it falls below expectations, look again52Near the US dollar threshold, follow52.1Support.
From the perspective of indicators,KThe line breaks through the upper track and continues to rise, running between the middle and upper tracks of the Bollinger Belt, as shown in the attached figureMACDThe indicator speed line continues to rise, but the fast line shows a slowdown, while the red kinetic energy column shrinks.
Overall, there is a demand for a decrease in oil prices in the short term, but there is still room for an upward trend in oil prices. In terms of operation, it is recommended to lower prices more.


Exclusive strategy of Yueying: mainly focusing on low quantity
52.8Going long near the US dollar, targeting the direction53.5Near the US dollar, radicals are looking towards it54Near the US dollar, stop loss at52.5Below USD;
54.3Short below the US dollar, targeting direction53.5Near the US dollar, stop loss at54.5Around the US dollar.


    Silver Technology Analysis:

Yesterday, the spot silver market fluctuated in a large range, and the market opened early in the morning16.71The market started to rebound after reaching its position, and reached its highest point during the US market period16.969The market began to decline under pressure after the position of [insert position], and ultimately the daily closing line was at [insert position]16.75The position of the post helion line ends in the form of a shooting star with a long upward shadow, and this shape ends in a high position rubbing shape with the hammer shape of the previous day. This shape forms a return to empty space during today's voyage, and in the early stage15.7Follow up on multiple stop loss orders16Holding, today's market is rebounding16.85Empty, stop loss17Look at the target below16.7and16.55.

Exclusive strategy of Yueying:

Step back16.85Empty, stop loss17Look at the target below16.7and16.55.

The recent market trends have been particularly similar, with the volatility of the Asian and European markets, the outbreak of the US market, and the significant fluctuations in the market as of early morning. If you can grasp such profits, it is not in vain to stay up late. However, if you stay up late and still get orders or stop losses, you need to reflect carefully. The spot market is like this, staying up late to make orders is not satisfactory and can harm your health. Therefore, my recent guidance focus is also on stocks and tea! Yesterday's market trend believed that many chasing gains and selling losses have fallen into the abyss. Today's currency meeting and big shots have a lot of data, which is a good opportunity for friends with orders to get out. The above analysis has also looked forward to it. If you are still unsure about getting out, you can find me, but please bring your sincerity and confidence!
　

Success is a hero, defeat is a hero, it is more meaningful than wasting one's life in mediocrity. Sometimes, success or failure lies in daring not to do it or not to do it.

This article is written by Yue Yinghua Jin (Wei)/IM-01210212）Exclusive planning by the analyst team, please indicate the source when reprinting. The above content For reference. Investment carries risks and caution is required when entering the market. If the operation of setting and locking a single is not ideal, please communicate with yourself.