Industrial investment: Trump picked up the advantage of the Federal Reserve Anxious gold may continue to decline

Industrial investment: Trump picked up the advantage of the Federal Reserve Feeling uneasygoldOr continue downward
2017year3month1day
gold
The price of gold briefly rose in the morning trading overnight1250The upper part stabilized and fluctuated higher, but was hindered by1260Falling downwards and breaking through1250Today, the Asian market experienced a slight decline in early trading1242.40. Prior to President Trump's congressional address, several Federal Reserve officials released3Signal of monthly interest rate hikes, market sentiment towards the Federal Reserve3The expectation of monthly interest rate hikes skyrocketed, breaking through70%Promote long gold positions to be replenished and closed. It has been almost an hour since Trump's speech, except for the slogan style mention requesting Congress to come up with a solution1No further details have been disclosed regarding the trillions of dollars spent on infrastructure and the historic tax reform being formulated by its team. Gold prices have rebounded from a low point of self correction, but the strength is not strong, which may be due to market sentiment towards the Federal Reserve3The monthly interest rate hike still has lingering fears, which may be unfavorable for the future trend of gold.
Technically speaking, the daily chart has once again risen and fallen, including a bearish candlestick, with a tendency for further correction in the short term.
Key resistance:1,255.25/1,263.80/1.273.20
Key Support:1,245.00/1,238.90/1,230.00
Today's suggestion:
Hour chart on1240The first-line stabilization has rebounded slightly, but the strength is not strong, which may provide opportunities for short selling at high points.4After the hourly chart callback1140Frontline consolidation shows that the medium-term upward trend has not yet broken through, but there is a risk of reversal. Suggest following within the day1255Keep short below, look1238frontline.
silver
Silver has been trading at a high level with a cross star for the second consecutive day, indicating the risk of further pullback. The market briefly rose before President Trump's congressional speech, testing again18.45Resistance level, but with speeches from officials including the Federal Reserve's third in command, Dudley, supporting3The monthly interest rate hike has led to a sharp increase in market expectations for the Federal Reserve to raise interest rates soon, weighing heavily on non US assets. The silver price has been stagnant for two consecutive days and is ready for further pullback in the future. However, Trump's speech this morning did not mention details of infrastructure or tax reform. The silver price has risen, but the long short competition is obvious, indicating the risk of a downturn in the future.
On the technical side, the short-term moving average system of the daily chart has a good bullish arrangement, and the short-term high rise has stagnated. There is a demand for correction in random indicators, and there is a downward risk.
Key resistance:18.40/18.50/18.60
Key Support:18.20/18.15/18.07
Today's suggestion:
The hourly chart is currently available18.25The frontline has found support for a rebound, but the upward movement may not be strong,4The hourly chart is available in the18.50The signs of building a roof on the first line are breaking down18.20We will confirm a short-term decline. Suggestions for the day18.40Short on the front line, break down18.20follow-up.
copper
Copper prices continue to rise slightly, breaking through during trading2.7000There is resistance on the front line, but the upward momentum is not strong, and it basically remains above this level of oscillation. The shutdown of copper mines in Chile and Indonesia continues to provide support for copper prices. China, announced in early trading today in Asia2monthPMIStrong data has also boosted copper prices to some extent. Trump's speech also has a significant impact on copper prices, but while fiscal stimulus measures are positive for the US dollar and may drag down copper prices, they will also stimulate demand for copper prices, and vice versa. Therefore, the short-term long short tug of war is expected to continue.
Technically, there continues to be a slight rebound, but random indicators are still being suppressed by the downward trend line.
Key resistance:2.7250/2.7500/2.7800
Key Support:2.7000/2.6500/2.6100
Today's suggestion:
Hour chart oscillation breaking up2.7000But there is a lack of follow-up, and attention should be paid to whether the file can be stabilized.4The hourly chart is testing the descent channel on track, and if it breaks, it is expected to further rise. Suggest paying attention to whether it can stabilize within the day2.7000Frontline support, breaking through2.7250Expected to point to2.7500upper.