Zhou Jinrui10.21Can gold reach new highs as the US stimulus plan heats up? Latest trend analysis and operational strategies

already existing 367 Secondary Reading2020-10-21 11:34 |Personal classification:Strategy for Gold, Crude Oil, and Silver Operations

Article Abstract: Technical Analysis of Gold, Silver, and Crude Oil.How to stir fry gold for beginnersTDcrude oil.goldTDWhat to do with losses on crude oil investment?Analysis of the Trend of Gold and Crude Oil.Recommendations for Operation of Gold Crude Oil.Gold crude oil strategy.Investing in international gold, crude oil, and silverTDHow to analyze the market situation? Today's Gold, Crude Oil, SilverTDWhat do you think when you're free? How to recover losses from investing in spot gold? goldTDsilverTDHow to operate the short line? What are the current gold resistance and support levels? Novice investing in gold and silverTDHow should I make the order? Will London gold prices continue to rise today? silverTDWill it still fall? What recent news will affect gold and silverTDTrend? What is the impact of the rise and fall of the US dollar on gold? Gold, crude oil, silverTDAnalysis of today's market trend and operational suggestions, will spot gold continue to rise today? US crude oil silverTDWill it still fall? International Gold and SilverTDHow to operate today?
  
In an investment career, everyone may fall into confusion at times. Since you are fortunate enough to understand the charm of investment, don't give up easily, even if you only try at the minimum cost. The person who gains often perseveres until the end. Rich people's thinking: using others' abilities to make money for oneself; Poor people's thinking: only thinking about earning money based on their own abilities. Now there is an opportunity before you to choose to continue watching, but your life will still remain unchanged. I am Zhou Jinrui, whether it's extraordinary or earthly, choosing between you.
  
Analysis of the trend of spot gold, silver, London gold, and paper gold [Zhou Jinrui WeChat:zjr5857】Suggestions for crude oil and silver operations, gold and silver markets, daily analysis of gold and silver, latest strategies, and techniques for unwinding long and short orders!
  
Analysis of Gold Market Trend
  
Analysis of Gold News: Wednesday(10month21day)During the Asian session, spot gold rose slightly, reaching a two day high of1920dollar/Ounces, due to rising market expectations for a new round of stimulus plans before the US election, the US dollar index fell to a one month low, providing upward momentum for gold prices; The negotiations between the Democratic and Republican parties in the United States will continue on Wednesday, and there is still some wait-and-see sentiment, which has limited the increase in gold prices. In addition, investors still need to pay attention to news related to Brexit and the US election. The current market logic is that if Biden's winning probability increases, it will be bearish for the US dollar and bullish for gold prices; If the probability of Trump winning the election increases, it will be good for the US dollar and bad for the gold price. Follow the official account "Jinyou Zhou Jinrui" to get the latest operation strategy in real time.
  
Technical aspect of gold: Currently, from a daily level perspective, gold has entered a fluctuating triangular trend, with the upper part passing throughA、B、C、DThe four point test is currently facing challenges5This time, we are already at the end of the oscillation triangle and are about to face a breakthrough. Whether it is an up break or a down break, we need to observe the real-time market situation and respond in a timely manner. If this oscillation triangle is effective, whether it is an up break or a down break, whether it is a back step or a rebound confirmation after breaking, we need to make a following order for breaking, and the following also goes through4On the second try, the support is also effective, so gold closely monitors the breaking trend in recent days.
  
  4At an hour, it is basically in line with the trend of a large daily level, and is also in a fluctuating triangle. However, based on recent rebounds, currently4Although the hour is mainly characterized by oscillations, there is a tendency towards more oscillations. Each time the low point returns, it gradually moves upwards, and the high point also slowly breaks through. Therefore, the probability of upward movement has increased at present. As the tail approaches, the range of oscillations becomes smaller and smaller. From an hour's perspective, gold has a high movement in the morning, but it did not break through the key position above, and is in the pressure stage of testing above. We focus on the intraday decline of gold, with support below the decline at the low point in the early morning1908Nearby,1908It's an entity that fell back to its low point in the early morningkThe position at the bottom of the line is also the position where the European market surged yesterday, so1908-1906This interval is a top to bottom transition position. Because gold has been fluctuating for a long time, as the saying goes, how wide it is horizontally and how high it is vertically, the longer it oscillates, the stronger the energy that erupts after breaking the limit. Overall, the short-term operation strategy for today's gold market was suggested by Jinrui last week to prioritize lower levels and supplement higher levels. Follow Above1930-1935One line of resistance, pay attention below1895-1900Frontline support.
  
Friends who have just entered the market for gold, silver, and crude oil may not be able to access the top news or news in the international market due to work, life, and other issues. This is a great problem for us to do gold, silver, and crude oil. Therefore, Zhou Jinrui welcomes investment friends to come to me and communicate and progress together, so that everyone can stay informed of the international market trends anytime and anywhere, and make the most stable orders. Guiding WeChat:zjr5857
  
Analysis of crude oil market trend
  
Analysis of crude oil news: Wednesday(10month21Japan) US oil company slightly declined, current report41.47USD, decline0.55%。 The market expects the United States to be close to reaching an agreement on an epidemic relief plan, but may still face resistance from the Senate. Macro positive factors have driven the decline of the US dollar and the recovery of risky assets, with oil prices hitting a nearly seven week high on Tuesday. Currently, investors are tracking US stimulus negotiations; If an agreement is reached, Meiyou or Shockwave42If an agreement cannot be reached, it will have a certain degree of impact on oil prices. Additionally, the American Petroleum Institute(API)According to published data, as of10month16Day and WeekAPIIncrease in crude oil inventory58.4Ten thousand barrels, expected decrease24Ten thousand barrels; Reduced gasoline inventory162.2Ten thousand barrels; Reduced inventory of refined oil598.3Ten thousand barrels. Zhou Jinrui believes thatAPICrude oil inventory unexpectedly increased, while refined oil inventory significantly decreased; It is worth noting that,EIAToday's report points out that the increase in demand in the agricultural and residential industries in the coming months will help reduce refined oil inventories, but not enough to drive up oil prices; In addition, any factors that contribute to economic improvement will be conducive to the rise of crude oil, and the situation may improve, but it will not return to pre pandemic levels.

  
Technical aspect of crude oil: The daily yield of crude oil is on the negative side, and after a continuous positive rise, it briefly turns negative and steps back to correct. The daily line is temporarily in a wide range41.50-36.0Waiting for a breakthrough between. The weekly closing shows that the trend is relatively higher, and as long as there is no backtesting too deep this week, there is still a chance for the short-term to break through41.40High points, once broken, will open up new upward space. The interval will further move up.4After reaching a high point for an hour, the backtesting will drive the closing of Blindo, and the lower part will focus on the previous low point39.0Defensive support, this position is also4The support point for the bottom track of Houbulin Road. If it is strong, the backtesting will not miss the low point of the step. In the short term, it will further rise. Overall, last week, Jinrui personally suggested that the short-term operation strategy for crude oil today should focus on low highs and supplemented by high highs. Top short-term focus43.0-43.5Frontline resistance, short-term focus below39.0-39.5Frontline support. Currently, friends who have nested orders in their positions are unable to provide corresponding unwinding strategies due to the author Zhou Jinrui's lack of knowledge about the location of your nested orders and the specific situation of your positions. Friends who need to unwind can use WeChatzjr5857obtain.
  
Take advantage of the situation, there is a way to obtain wealth! Please remember never to go against trends. The service has never changed, and responsibility is always in our hearts. The guidance and service provided by Zhou Jinrui's team have been ongoing since the morning7spot-before dawn2Point provides comprehensive analysis, tracking, and tracking services; Our cooperative clients can easily engage in trading, which is the ultimate goal of our services; We know that in order to have a harmonious relationship with customers like friends, we strive to achieve mutual benefit in the process of cooperation. Only when customers improve their technology and positions on our side, we take responsibility and patiently teach them to fish. Only in this way can we achieve a win-win situation in cooperation. This is our pursuit based on the financial industry!
  
Author's Message: I hope my article can bring you valuable insights and ensure smooth sailing in future investments. If you need to learn more about spot investments, trading techniques, operational techniques, and long short solutions τ as well asKYou can contact Zhou Jinrui by phone.
  
This article is written by Zhou Jinrui (WeChat:zjr5857)Contributing, I interpret the world economic news, analyze the global investment trends, and analyze the impact of crude oil, gold We have conducted in-depth research on commodities such as silver and others. Due to the delay in online push, the above content is personal advice. Due to the timeliness of online posts, it is for reference only and at our own risk. Please indicate the source of the reprint.

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