Zhou Hong Finance: Gold and Crude Oil Weekly Review and Outlook for Next Week.

　Investment is always about half the people laughing at the other half, the same position, different orders entering, all wanting to become butchers. This is a marathon, not about today, not for a moment. The "leftover" are the king, and in the end, whoever is left is the boss. A hundred people come in, and ninety separations, you have no idea they have been here before. Execution and strategy are the magic weapons to win in the market. No matter how good the execution strategy is, a mistake is suicide. No matter how good the strategy is, it is in vain. Often, in this market, what is harvested is no stop loss, heavy position operation, and locked position trading. These are the most basic three taboos. When you don't do what you did before that led to losses, then not losing money and making profits becomes inevitable. There are right and wrong in trading, just like in society. Just like good and bad people, treat them with a calm heart and never put all your eggs on a single order. Unless you want to gamble and leave with peace of mind, don't do it at any time.
　　
　Weekend analysis:
　　
　　goldFrom the daily chart, it can be seen that the gold price started with a Yin Yang cycle this week, with an overall trend that was more volatile and downward. The support for the medium track line rebounded and rose after multiple tests, and can be said to be a strong and effective support position;Once the gold price breaks through the middle track and stabilizes, the trend of gold is expected to continue to decline in the short term.
　　
Looking at the trend of gold prices this week, the overall trend is still fluctuating downward. Although there was a bottoming out and rebound during this period, Chan formed a closing pattern of Yin Yang cycle from a daily perspective. Last night's market was particularly like this, with gold falling to1315After supporting the position, the short-term gradually regains lost ground and breaks through1330And explore above1335The resistance position, the trend of the roller coaster, and the simultaneous exploration of both lower support and upper resistance within the day, the market trend is relatively dominant. However, since there has not been a substantial breakthrough in the entity, we cannot rashly pursue excess in operation.
　　
In the early analysis, it was also emphasized that1334-1335The importance of the front line is why gold is not in a hurry to pursue more,10Daily moving average and previous high points1334We cannot rush to define the market as a strong bull just because of last night's rebound. Gold rose and fell in the early trading session. Currently, with the decline of the US dollar index, there has been no further rise, but a retest1320On the front line, the decline in the European market is indeed strong, and it bottomed out yesterday1315Frontline positive collection. Finally stabilized in1320The above author believes that if there is no major news to stimulate next week's market trend, gold will still be in a stable position1315-1334Interval oscillation.
　　
This weekcrude oilStand firm50.0Above, the price is at a strong low position among bulls. In the future, we will pay attention to whether crude oil can be further explored50.8Above, if the crude oil continues to rise, it will open an upward channel. In the future, as long as the crude oil does not break through50.0At the critical juncture, we will first maintain a low bullish mentality and short at a high level to assist. The author believes that we need to rely on the previous high and low points to find the current pressure level above crude oil. The current high point in the early stage is50.8First line, second line51.9Frontline checkpoint. There is a lot of space above, so if the price continues to break through, we can keep it low.
　　
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Note: This article is written by Zhou Hong Finance and Economics848529441Exclusive writing, for reference only.