Liang Qiandong10.22Gold fluctuates at high levels, crude oil is under pressure again, and the afternoon trend is predicted to release short positions

already existing 305 Secondary Reading2020-10-22 12:29 |Personal classification:gold

People always shrink back after encountering a little setback, little realizing that if you persist and be brave a little more, you will see the sunshine. I know that when you get lost, there will always be times when you expect disappointment or lack of understanding. After trying hard, it seems that there is still no hope. You even thought that no one was more unhappy than you, and gradually you will start to feel insecure and not brave. However, at this moment, you can hear a clear and firm voice in your heart, once again. Maybe I'm not the strongest teacher, but I definitely Yes, it's in your best interest A teacher who takes into account the importance of modernization. I have been working in the financial industry for many years, with a keen sense of market trends and unique insights into market fluctuations. If you happen to need it and I happen to be a professional, then let's fight side by side and meet on a narrow path. With the most sincere heart, I will take you on the brightest path.
  
Liang Qiandong【lqd1918】Famous financial bloggers focus on spot gold, London gold, and analysis of gold trends Suggestions for crude oil operations, foreign exchange market USD exchange rate, USD index[align=center]  [/align]
Analysis of Gold intraday Market
  
Message: Thursday(10month22day)During the Asian period, spot gold slightly weakened and touched1920At the checkpoint, some of the gains from the previous trading day were recouped; The optimistic expectation of a new round of stimulus plan before the election has continued to weaken the US dollar index, helping gold prices reach a new high of over a week on Wednesday1931.38dollar/Ounces; But the latest news shows that Pelosi's claim that the stimulus plan may not be introduced until after the election has caused some gold bulls to retreat. In addition, the European Union and the United Kingdom agreed to resume negotiations after a one week hiatus, and the expectation of Brexit without an agreement cooled down, which also weakened the safe haven buying demand for gold. From a technical perspective, the price of gold is currently affected by55The dual resistance suppression of the daily moving average and the high point in the past month requires caution against the risk of bearish backlash in the short term. In addition to the COVID-19, the US stimulus plan negotiations, and the US election, investors need to pay attention to the changes in the number of US initial jobless claims and the US existing house sales data in the evening.
  
Technical aspect: Gold continued to touch higher yesterday, with a slow rise at the opening. It has been consolidating and rising all the way to the US market, but due to the weak US dollar, it has hit a new low. Boosting gold to rise, reaching its highest point1931.30The area is close to its previous high, but it is still under pressure during the closing session and has fallen back1920Nearby. The daily chart closed slightly positive, and the structure shows that there is still no unilateral trend. However, the recent weak performance of the US dollar has helped push gold out of an upward trend. From the perspective of pullback space, yesterday's closing was still at a neutral position, and today's opening showed a downward trend. The short-term fluctuation style has not changed.
  
  4The hour broke through the downward trend line but still closed near the trend line, with no continuity after breaking the level. In addition, the moving average index has not yet fully moved into a long position,KAfter the line reaches high, it turns to connect with the negative line and falls back to lower,KThe upward trend of the line pattern is insufficient, and there is a weak trend of decline at the opening today. The recent trend, with repeated market washes and tugs of war being the norm, has seen a slight rebound in the US dollar. Gold, on the other hand, experienced a pause and fell under pressure. The Asian session took an opportunity to short sell below yesterday's high and confirmed a retracement. Combined with this week's broad volatility, it is not ruled out that all retracement will be possible. Of course, the potential for retracement will depend on the strength of the US dollar. Today's operation, Liang Qiandong suggested that high altitude should be the main focus, and low altitude should be used as a supplement. Upper resistance1930Frontline; Below support attention1904-00First line. Please communicate with me regarding the release of orders and covers. As Liang Qiandong is not aware of the specific location and position of your orders, it is not possible to provide corresponding release strategies. Please add/Jialiang Qiandong Official\/Micro:lqd1918Unlock your order.
  
Analysis of intraday crude oil market trends
  
Message: Thursday(10month22Meiyou hit a new low in a week, current report39.77USD, decline0.65%。 U.S.AEIAAn unexpected increase in gasoline inventory indicates weak demand. Previously, the United StatesEIAInventory data shows that with the sharp increase in global new cases, demand for refined oil is weak. An indicator reflecting demand--The overall supply of refined oil products has also decreased, compared to the same period last year and the same period in the past four weeks13%. Global COVID-19 infection cases have broken through4000Wan Daguan, some parts of Europe have re implemented lockdown measures. This has intensified market pressure. Liang Qiandong stated that after the continuous increase in the number of new cases, the market is carefully evaluating demand. Brent crude oil is particularly susceptible to the impact of the European region, which is implementing a new round of blockades. The fight over the new COVID-19 aid plan in the United States continued until Wednesday, when the White House and Democrats tried to11month3An agreement was reached before the presidential and parliamentary elections in Japan. Trump stated that despite opposition from the Republican Party, he is still willing to accept a large-scale rescue bill.
  
Technical aspect; Crude oil hit a high yesterday but did not break through, but fell back under pressure from the previous day's high. Take back all the rebound space at the beginning of the week, with a chronic upward trend for two days. Take back all the space in one day, and the choppy style remains unchanged. The daily chart has returned to a low level. Short term sinking into washing and sawing. Liang Qiandong from4Looking at the hourly analysis, the consecutive bearish pullback has made the opening of the Asian stock market weaker today. The Asian and European stock markets are looking for a downward trend in inertia, but the overall rhythm is still fluctuating. After the US market dips and stabilizes, choose a low position to go long. In terms of operation, Liang Qiandong suggests that the short-term strategy for the day should be temporarily short before long. Follow Above41-41.5One line of resistance, pay attention below39.5-39Frontline support; The operation suggestions in the article are for reference only. Specific suggestions are given based on the actual market price. Friends who are not ideal in operation or cannot grasp the direction of the market can add guidance from Liang QiandongvYour words:lqd1918Obtaining guidance quota
  
When you understand what trends are, trading is no longer lost. When you understand what is important and what is secondary, it shows that you know how to weigh the pros and cons. Trading is the consideration of the human heart. If you fall, you want to lower yourself, but if you rise, you want to higher yourself. Every failed case is human greed, and every successful case is a rational reward. In the face of a trend, all operations that go against the trend will bury one's own funds, while those that go with the trend are afraid to take action. If they fall for a long time, they will go long, and if they rise for a long time, they will go short. Many people follow this approach in trading, but they do not know that this approach has any technical basis.
  [size=3][font= ]Liang Qiandong - Senior Foreign Exchange Analyst for Gold, Silver, and Crude Oil. I have been engaged in financial market analysis and research for many years. Having a solid knowledge of financial theory and accumulating rich practical trading experience. Proficient in applying wave theoryKThe line shape and moving average system are used for trend prediction, with a robust operating style. Has rich market experience, excels in long and short single line layout and market analysis direction, and has a decisive and steady operating style.[/font][/size]

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