A clever plan to touch the gold:3.1Before Trump's speech, crude oil was restless and gold suggestion was to wait and see

A clever plan to touch the gold:3.1Before Trump's speechcrude oilRestless and restlessgoldSuggest observing

Volatility is an essential part of price fluctuations, and all unilateral market trends require volatility to brew. Our so-called technical indicators actually have no effect in the process of volatility. For those with sufficient real trading experience, they judge the direction of the market by understanding the intentions of the main force, the time point and pattern of market operation. The resistance position, if it doesn't go up, will inevitably come down, while the support position, if it doesn't go down, will inevitably rebound again. Some key positions, once broken, will inevitably continue, and the so-called sense of market share is nothing more than these contents. Mastering these contents is not something that can be achieved overnight, nor is it simply about learning to apply technical indicators. But it requires long-term practical summary and repeated argumentation to reach the level of understanding the meaning of market fluctuations. If you are an ambitious trader, you must go through thousands of trials and setbacks, as well as endure unbearable torment for ordinary people, in order to understand the truth from it. If you are a trader who only wants to make a small profit, do it if you can, and quit if you can't, Dianjinmian suggests that you should not invest in the market at all, because success here is not easy. On the contrary, you must find an excellent investor to collaborate with in order to fulfill your long-standing wish.

Message surface parsing:

Trump will be available on Wednesday Beijing time（2month29Day morning10:00What is the specific tax reform promised by Trump in his first congressional speech? What regulations will be repealed during Obama's presidency? Will Trump launch an infrastructure development plan this year? At a time when Trump's trading has not yet passed, the market urgently needs policy details to establish the trend for the next few days. Trump's speech on Wednesday left investors on pins and needles, putting trillions of dollars in assets at risk. Specifically, what impact will this speech have on the financial market and how should investors trade?

Tuesday(2month28day)WTIcrude oilfuturesClosing down0.04dollar/Barrel, decline0.07%Report54.01dollar/bucket;Brent oil futures closed lower0.03dollar/Barrel, decline0.05%Report56.40dollar/Bucket. Due to concerns about an increase in US crude oil inventories, US oil futures prices hit their lowest intraday level on Tuesday53.20dollar/Barrel, oil futures hit their lowest point55.63dollar/Bucket.

International spot gold Tuesday(2month28day)Falling from a high in three and a half months, the lowest intraday decline in the US market has reached1247.47dollar/Ounce, investors are waiting for US President Trump to deliver a speech on tax cuts, infrastructure, import tariffs, and foreign policy. On Tuesday, two Federal Reserve officials, Williams and Dudley, both made hawkish remarks in support of a quick rate hike in the near future. Renowned investment bank Goldman Sachs also announced that the Federal Reserve3The expected probability of monthly interest rate hikes has been raised to60%。

Analysis of International Gold Technology:

From the four hour trend of gold, the beginning of the Bollinger Bands is upward, and the three tracks of the upper, middle, and lower tracks are all upward,KThe price of the line is constrained by the upper track of the Bollinger Belt, and the resistance level above is initially looking towards1260. In terms of technical indicators,MACDThe indicators show that the red kinetic energy column is shrinking, and the trading speed of the fast and slow lines is on the same level0Above the axis;KDJThe three line indicators are arranged in a bullish order, with the three lines parallel to the oversold area. Taking a comprehensive look at the golden trick,KThe line price is strongly supported by the middle track of the forest belt, with sufficient upward momentum. Beware of the strong suppression of the upper track and early high points, and the gold price will fluctuate and rise in the later period.

International gold operation recommendations:

1、1250Short near the US dollar, stop loss3USD, target1240Nearby;

2、1238Buy long near the US dollar, stop loss3USD, target1250Nearby;

Technical analysis of US crude oil:

Looking at the four hour trend chart,kThe line price has fallen below the middle track of the Bollinger Bands and is being suppressed by the middle track. The initial resistance position above is being monitored54.5On the front line, look at the support below53.4On the front line, the operating range of oil prices has been continuously narrowing recently, mainly due toOPECThe possible extension of the production reduction agreement may provide strong support for the market. At the same time, the recent implementation of production cuts by oil producing countries has exceeded expectations, and the main oil producing country, Saudi Arabia, continues to support the market due to a decrease in export shipping volume. However, the return of US crude oil still worries the market. However, in terms of technology, some clever tricks believe that the direction of oil prices is uncertain, and they are temporarily maintaining high consolidation. In the long run, crude oil is slowly recovering from the decline. Overall, today's operational strategy is to focus on a pullback and take a long position.

Suggestions for US crude oil operations:

1、54.6Short near USD, stop loss0.4Points, target53.5USD;

2、53.2Near the US dollar, stop loss0.4Points, target54.0USD;

This article is contributed by Dianjin Miaoji analyst, focusing on crude oil, silver, goldforeign exchangeFriends who are interested in investing in precious metals but have no way to start, or who are already in contact but not ideal, can contact me. Add the author's tips and tricks, Wei Xin:ZHM13164171879Follow Weixin Gongzhong's "Golden Tips" for more market trend analysis and trading strategy guidance.

Author: A clever plan to point out gold    2017-3-1