Yue Ying Talks about Gold:1.16Crude oil bullish surge, silver bullish strong

Another new week is beginning, regardless of whether last week was good or bad. This is all destined by our destiny. The past has become the past, let it become our memory. As the New Year approaches, many friends should start taking vacations one after another. Unable to resist the small excitement in their hearts, during the holiday period, Yueying will always be by your side. Friends, if you need me, I will be there!

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Monday in the United Statescrude oilfuturesrise0.40%Reported per barrel52.58The US dollar also experienced a near decline last week3%; Brent crude oil futures up0.43%Reported per barrel55.69The US dollar closed down approximately last week3%. In terms of supply, agreements to reduce production by major oil producing countries will also support oil prices. Organization of the Petroleum Exporting Countries(OPEC)Plan to start from1month1Starting from the day of production reduction12010000 barrels/Solstice3,25010000 barrels/Day. Russia and other nonOPECOil producing countries plan to reduce by approximately6010000 barrels/Day. Saudi Arabia stated last week that its oil production has decreased100010000 barrels/Under the sun, touch2015year2The lowest level since the beginning of the month, and it is expected that the reduction in production will be even greater next month. However, there is currently no conclusive evidence of a decrease in exports. Although Saudi Arabia reported a greater than expected reduction in production2The futures contract for light and low sulfur crude oil delivered on a monthly basis has been suspended4Weekly uptrend, recorded2.5%The decline in price. Oil prices stopped during trading from11The low point at the end of the month51dollar/The rebound momentum below the barrel is currently approaching the bottom of the range, attempting to find buying opportunities again. Organization of the Petroleum Exporting Countries(OPEC)Plan to start from1month1Starting from the day of production reduction12010000 barrels/Solstice325010000 barrels/Day. Russia and other nonOPECOil producing countries plan to reduce by approximately6010000 barrels/Day. Traders stated that the general expectation isOPECWe will not fully comply with the production reduction agreement, but it is estimated that the degree of compliance will reach50-80%It is enough to maintain oil prices at55dollar/Barrel left and right. In addition, Trump(DonaldTrump)I will take office on Friday, and international investors are particularly concerned about the trend of the US dollar this week.

Technical analysis of crude oil:

U.S.AWTIFrom the four hour trend chart of crude oil, it can be seen that oil prices have fluctuated and fallen, and are now beginning to move towards52.1The support near the US dollar is approaching, and this support is expected to be difficult to maintain within the day. Looking further51.8Below USD and51.5Nearby, the resistance remained unchanged from the morning view. From the perspective of indicators, the crude oil price trend chart,KThe line is currently hitting the bottom and the middle track of the Bollinger Belt is showing in the attached pictureMACDThe speed line of the indicators has turned downward, and the green kinetic energy column has begun to rise. Overall, the downward momentum of oil prices is sufficient, and it is expected that oil prices will continue to decline within the day. In terms of operation, it is recommended to rebound and short the gold market.

Suggestions for crude oil operation:

1Suggestions53Short selling near the US dollar, target52.5-52.3Near the US dollar, stop loss default;

2Suggestions52Long near the US dollar, target53Near the US dollar, stop loss default.

Technical analysis of silver:

From the four hour trend chart of silver, it can be seen that silver prices have fluctuated and risen within the day. RecentlyKThe line oscillates between the upper and middle tracks of the Bollinger Bands, and is significantly suppressed by the upper tracks. Currently, silver trading is16.8Nearby, looking towards the support below16.6Near the US dollar, resistance is still looking towards17The US dollar barrier. From the perspective of indicators,KThe line is supported by the middle rail of the Bollinger belt, as shown in the attached figureKDJThe three lines of indicators extend upwards. Overall, the short-term upward momentum of silver prices is sufficient, and the more transparent the operation, the lower the gold recommendation.

Suggestion for Silver Operation:

1Suggestions16.6-16.7Long near the US dollar, target17.1Near the US dollar, stop loss default;

2Suggestions17.2Short selling near the US dollar, target16.8Near the US dollar, stop loss default.