Gold and crude oil fluctuate higher, Liang Qiandong10.23Prediction of the US market trend of gold and crude oil and guidance for future market layout

already existing 438 Secondary Reading2020-10-23 19:57 |Personal classification:gold

It is common for us to make profits and losses in trading, but to maintain profitability in long-term trading, in addition to being familiar with the market and trading, we also need to control our emotions, maintain rational thinking, and develop good trading habits. For every trader, there is no perfect strategy, only perfect discipline;There is no best method, only the most suitable one for oneself. When establishing our trading system, we must make some choices and not attempt to cover all aspects or seize every so-called "opportunity". Instead, we should focus on our own trading system, strictly abide by discipline, and constantly improve and improve it. In this way, you can better grasp yourself and better see the market.
  
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 London Golden Evening Market
  
News: This week's market is coming to an end, and the market has not released too many fundamentals. It is basically a clich é d topic about the US pandemic. It must be acknowledged that the pandemic has been influencing the capital market. The results of the initial unemployment claims announced yesterday are78.7Ten thousand people, lower than the previous value and lower than expected, the number of people applying for unemployment benefits is837.3Ten thousand people, also lower than the previous value and lower than expected, briefly indicating that the data is reducing support for the US dollar and suppressing gold. Yesterday, the International Gold Day opened on1924Nearby, the early bearish market fell all the way, and the European market rebounded. In the end, the US market continued to plummet, reaching its daily low1894Nearby, it fell through very strongly1910Support and1900Support, the daily line closed with a super large negative line, which ate up the previous trading day's positive line,KThe line shape has formed a very obvious yin enveloping yang, and bears have returned.
  
Technical aspect: From the perspective of the market structure, whether it rebounds or falls in the daily structure, the short-term trend still lacks continuity. The rise and fall are accompanied by a bottoming rebound, and the corresponding moving average and Bollinger band have never provided clear direction guidance. Therefore, the current form still treats it as a wide range of fluctuations. And in terms of layout, do not follow the trend of rising or falling. As of the deadline for writing, gold has broken the so-called bullish turning point1910The current lowest level has dropped to1894Frontline. And as we have said before, as long as we break through1910When there is a turning point, there is a bearish outlook.
  
In the following market trend, Liang Qiandong analyzed that gold is falling to a low point1894There was a slight rebound on the first line to1904Near the front line, in the future market, if the gold price cannot effectively recover from the bearish turning point this Friday1910And if it stabilizes above, then no matter how much gold rebounds, it will be a downward trend and will still be tested again1894Low points and lower positions1889and1882These two positions. If we recover on Friday1910If the level is stable above it, then gold will increase market bullish sentiment and at least rise to test1918and1920Pass, if we break through1920Will be tested1925、1930-1933These high point resistance positions. Overall, in terms of the short-term operation strategy of gold today, Liang Qiandong suggests that the main focus should be on rebounding from high altitude, supplemented by a pullback and a long position, with a focus on short-term operations above1914-1919Frontline resistance, short-term focus below1895-1890Frontline support. Can you please communicate with me about the situation where you have orders and covers on hand? As Liang Qiandong is not aware of the specific locations and positions of your orders, it is not possible to provide corresponding strategies for resolving them. Please add/Jialiang Qiandong Official\/Micro:lqd1918Unlock your order.
  
Analysis of the Evening Market of US Crude Oil
  
Message: Friday(10month23Japan) US oil company slightly declined, current report40.55USD, decline0.25%. The United States is expected to reach a stimulus agreement, and employment data is unexpectedly improving, but the global demand outlook is still bleak, the US pandemic is worsening, and Europe is further controlling it. Russian President Putin stated that Russia does not rule outOPEC+The possibility of delaying the production increase plan. This indicates that as the epidemic continues to suppress demand,OPEC+May limit oil production for a longer period of time. Energy holds a more cautious view, stating that although oil inventories remain high, an increase in energy prices is likely to occur after the winter.
  
International oil prices were boosted by the possibility of an economic stimulus plan from the United States, while overnight employment data from the United States unexpectedly improved, but failed to fully recover from the previous trading day's decline. The White House Chief of Staff, Meadows, stated that negotiations on the virus assistance bill have entered a new stage and are beginning to discuss technical language. Trump is willing to increase efforts on the aid bill, including direct payments to families. The current size of the aid bill is1.9With trillions of dollars, Trump has received Republican support for economic stimulus.
  
Technically, crude oil did not break its high yesterday, but fell under pressure from the previous day's high. It took up all the rebound space at the beginning of the week, slowly rising for two days, and then took up all the space in one day. The fluctuation style remained unchanged, and the daily line closed back at a low level. In the short term, it fell into a wash and saw saw saw saw, and rose and fell in the middle of the nightEIAAfter the release of crude oil inventory data, there was a significant decline in crude oil, piercing through40As a result, the daily chart closed with a large negative line, which not only broke through multiple moving averages, but also largely swallowed up the previous week's fluctuation space. On the daily chart, the three tracks of the Bollinger Belt move to the right,MA5Mean Square andMA10The moving average presents a golden cross and turns downwards, with a dead cross at the initial intersection,KLine intersection between the middle and lower tracks in BolinMA60Below the moving average,MACDThe fast and slow lines are located near the zero axis with a dead cross at the initial intersection, and the red kinetic energy gradually decreases,KDJThe third line is running in a dead cross downward divergence, and the overall performance of the daily chart market is fluctuating and weak;
  
  4On the hour chart, the Bollinger belt runs downwards with an opening,MA5Under the moving averageMA10The moving average intersects with a strong downward trend,KLine intersection at Bolin Lower Rail LineMA5Below the moving average,MACDThe fast and slow lines are located above the zero axis with a dead cross opening and a green kinetic energy release downwards,KDJThe third line is running in a dead cross downward divergence, with some downward momentum in the short term. However, the form and structure form technical support, and have not fallen below the support level multiple times. Therefore, the market structure tends to rebound. Overall, Liang Qiandong's personal suggestion for today's crude oil short-term operation is to focus on a pullback and long selling, supplemented by a rebound and short selling, with a focus on short-term trading above41.0-41.5Resistance, short-term focus below39.0-39.5Frontline support. The operation suggestions in the article are for reference only. Specific suggestions are given at the current price of the actual offer. Friends who are not ideal in operation or cannot grasp the market direction can add guidance from Liang QiandongvYour words:lqd1918Obtaining guidance quota
  [size=3][font= ]Trading requires practical experience and guidance from experts. Trading requires firm belief in one's own strategy, but it also requires maintaining resilience in reassessment. This is very complicated. On the one hand, you need to have firm courage, and on the other hand, you also need to have the intelligence to maintain an open mind. Facing the market, one should have confidence while maintaining a reverence. Sometimes it's very contradictory, the market is extremely fierce, and when your position fluctuates violently, without a strong heart, you cannot survive in the ever-changing investment market. For many beginner investors, finding an experienced mentor will determine their investment performance for a long time in the future! The operation suggestions in the article are for reference only, and specific suggestions are given at the current price of the actual offer. Friends who are not ideal in operation or unable to grasp the market direction can add guidancevYour words:lqd1918Obtaining guidance quotas will be a friend you can always trust![/font][/size]

comment (0 Comments)

facelist doodle Graffiti board

You need to log in before you can comment Sign in | Register Now

Back to top