Yue Ying Talks about Gold:2.28Monthly closing, production reduction remains the most favorable factor supporting oil prices

Production reduction remains the most favorable factor supporting oil prices

Production reduction has always been a supportcrude oilThe most favorable factor for prices is that crude oil has been fluctuating and consolidating at a high level recently. Currently, the trend of oil prices mainly depends on the implementation of OPEC's production reduction agreement in the coming months,5month25Will the OPEC official meeting in Japan decide to extend production cuts and the rate of increase in US crude oil production.

OPEC's compliance with the agreement this time has been the best in history, surprising the market, while the oil producing countries with the most severe delays, the United Arab Emirates and Iraq, have also promised to catch up with the completed production reduction targets. Although OPEC Secretary General Balgin believes that non OPEC countries face some challenges in monitoring production cuts, Russian Energy Minister Novak stated that OPEC and non OPEC countries1The completion rate of production reduction in the month is86%。

On the surface of the news, there are indeed advantages and disadvantages for crude oil. There is a continued high volatility in crude oil prices, and currently, crude oil prices are still at the same time. Due to the collection of monthly data today and the continuous high volatility of crude oil, the buying and selling options in the main market are likely to directly affect the further performance of crude oil. Before the market breaks through, Yue Ying suggests that while buying long at low prices, strict risk control should be taken. The current direction is not very clear, and after breaking through, unilateral follow-up based on strength can be carried out.

Technical analysis:

Yesterday's spot goodsgoldAfter the beginning of the early market session, the market fluctuated within a certain range, and the early morning session saw a rise1259.2After being under pressure on Friday, the market began to decline to the lowest level during the European intraday period1253.3The market began to rise after the position of the market, and the highest price was given during the US market period1263.7After the position of the market was affected by fundamental expectations, the market rose and fell, and the lowest was given1250.8After sorting out the positions, the final daily closing was achieved1253.5After reaching its position, the daily chart ended in a long inverted hammer shape with an upward shadow. However, against the backdrop of a bearish trend, there is a demand for continued decline in technology today. Today's Trump speech will affect the direction of the market, and investors need to pay close attention to it.

Yesterday, the spot silver fluctuated in a large range, and the market fluctuated along the downward trend line in the early morning, with the highest being18.4Near the market, it will fall back, and a low point will be given during the European trading period18.29The position of the market has been affected by bullish factors in the US market, leading to a new high18.46After the position of the market rose and fell, the lowest was given18.207After sorting out the positions, the final daily closing was achieved18.238After reaching its position, the daily chart ends with a long up shadow and a bearish candlestick, which means that the daily chart will rise and fail. Today, it will step back to short.

Crude oil hit a high and fell yesterday, with a long closing shadowKLine, short line in54.60-55.0Still a resistance, if we don't break through for a long time, we will continue to maintain a large range consolidation on the weekly chart, but the range has moved up a bit. Now the wide range of consolidation is55.0-51.0.At present, the relative position is high with some fluctuations. However, the daily chart frequently transitions between yin and yang, resulting in poor short-term continuity. Operate the edge points of the upper card interval.

Operation suggestions:

Gold:1257Near empty, stop loss1262Look at the target below1250, break down and see1248and1243-1245

Silver:18.35Near empty, stop loss185Look at the target below18.2and18Near.

Crude oil:54.4Short nearby, stop loss54.75Look at the target below53.97, break down and see53.4and52.7.

Notes for placing orders in a rapidly rising and falling market:

1Control the scale of the transaction within the range of losses you can bear.

Although everyone knows that trading more than you can afford is a foolish thing, it is still very common among us traders. Our purpose in doing silver trading is to improve our quality of life, so we should not use money that we should not use, such as monthly living expenses, retirement savings, and not borrowing money for goldforeign exchangeTransaction. Because if you do this, based on Zixi's years of experience, this investor mentality is no different from that of ordinary gamblers, and the ultimate result is usually a complete loss.

2When your transaction is profitable, protect the profits you have earned.

Protecting your profits is another important factor in achieving stable and long-term profits. When you are in a profitable position, it is important to increase your stop loss point accordingly. Although you hope to hold this position for a longer period of time and gain more profits, at least your minimum profit is guaranteed.

3Risk/The proportion of profits should be at least1：1.5。

When you want to place an order, be sure to consider the possibilities of profit and loss. Assuming the profit potential is￥4000And the lost space is only￥2000So the risk/The profit ratio is1：2It's worth a try.

4Do not blindly pursue gains and sell losses

Although the market is large, Jinfei still suggests that investors should not blindly only look at the surface or data to make orders. They should wait for the size of the data impact before making orders. Based on the actual situation of the news, they should make a correction or follow the trend while taking advantage of the correction, combined with the Bollinger BandsRSIWait for some technical aspects to operate.

Investment is mostly based on fate. If you believe in fate and believe that I can do something for you with my heart, you can try to communicate with me. No one can accompany you to the end. Perhaps one day you will need me? Professionalism achieves quality, while strength builds reputation. The financial field is vast and profound, with constantly fluctuating market trends every day. All I can do is use my years of research experience to help everyone.

writing/Yue Ying Talks about Gold(Wei/IM-01210212）Analyst at Shanghai Gold Exchange, DepartmentAFPFinancial wealth management specialist. Through forward-looking analysis of domestic and international macroeconomics, international commodities, stocks, foreign exchange, precious metals, etc., the Shanghai Gold Exchange is the only national level exchange legally engaged in gold and silver trading in China, with free guidance every day and simple and fast account opening.