Tang Jinwei: Gold maintains a wide range of volatility, while crude oil remains stable at high levels and is mainly bullish.

　　goldTrend analysis:

After last Friday's non farm trading, it can be seen that gold is still in a bullish trend. The daily chart once again includes the cross star, as well as the previous bottoming and rebound, which means that gold has not yet made a complete decision. At present, we need to focus on the top1326The resistance structure, which will also be goldtjw398The decision point to step out of a fork in the road, then gold will not break1326In the short term, the trend of gold being much lower remains unchanged, supported by Friday's downward trend in non agricultural sectors1313Afterwards, it rebounded strongly, and1305This position is an important position in the long short game, so we need to1300-1305The previous trend continued to be bullish.

Technically speaking, the high volatility on the gold daily chart has intensified, and gold is currently in a downward trend1316In the trend, and gold prices continue to be affectedMA5The support of the daily moving average; and5The daily moving average support position is1313Nearby; In the short term, although the recent rise of gold has slowed down and turned towards adjustment, the gold price continues to stabilize1300Great Pass, and Still Stable After Non Agricultural Data1310Gateway; The gold trend remains bullish and unchanged, but in the short term, gold is expected to maintain a wide range of fluctuations. Therefore, gold will continue to be bullish this week. Stay tuned below1316Dislocation1313Support, attention from above1326Resistance, remain low in operation and keep the long thinking unchanged!

Based on the above, the main bullish trend for gold trading during the day is the pullback trend, with a focus on the upside1326Resistance and Below1316Support and break position observation1313One line is sufficient, and it is recommended to rebound above for short-term operations in the evening1320-1322Short selling, stop loss3USD, target1316Dislocation1313Multiple firm offers are provided.

　　crude oilTrend analysis:

Due to market concerns about low temperatures in Texas and North Dakota in the United States, equipment has been frozen, leading to a slowdown in production. In addition, the Trump administration is considering imposing additional sanctions on Iran, leading to continued escalation of tensions in Iran. As a result, OPEC and Russia continue to reduce production plans, short-term heating demand has led to a surge in crude oil. Last Friday, the high cross negative line of crude oil closed, and the Asian session opened with a slow rise and refresh62.20The high point is under pressure, while the European market is under pressure for a pullback, and it has been transitioning to a later period in the US market before reaching a new level61.57low point. In the late trading session, there was a slight rebound and it was once again near the high point, but ultimately did not break through the volatile closing. From a daily perspective, after the big sun, the small yin star line was reorganized, and normal correction and repair were carried out. The daily line did not change its upward trend. from4From an hourly perspective,KThe line intersects between the upper and middle tracks in BolinMA5Above the moving average, with the opening of the Bollinger band facing upwards,MA5The moving average shows a golden cross and flattens to the right,MACDThe gold cross on the fast and slow lines has slowed down and the red kinetic energy has decreased slightly,KDJThe three line dead cross is easing and leveling to the right, and the trend of short-term bulls has slowed down, but overall, bulls still dominate. Overall, crude oil has remained at a high level recently, rising all the way up and reaching its highest point62.1Nearby, currently the overall stability of crude oil61Above, it proves that the overall trend of crude oil is bullish. Last week onEIAUnder the influence of data, there is a trend of bullish to bearish positions, which is considered to be a trap. The pullback is aimed at accelerating the upward trend. In today's intraday operations, Jinwei believes that the pullback is mainly bullish, with the upper part following62.2One line of resistance, pay attention below61Frontline support.

Suggestions for crude oil operation:

　　61.0-61.2Stop loss3Points, target62

A person's life has to go through countless ups and downs, where happiness and pain coexist, and prosperity and difficulties coexist. In prosperity, one should be full of vitality, and in adversity, one should also face it calmly. This is a positive life. Nothing is smooth sailing, only when we can withstand the ravages of wind and rain can we take advantage of the brilliance of the rainbow.

The above content only represents the personal views of the author, Jin Wei, and does not provide any express or implied guarantee of the accuracy, reliability, or completeness of the content contained; Investment is risky, so you should be cautious when entering the market. You should operate accordingly and bear the risk!

Wen/Tang Jinwei/Senior Financial Analyst/tjw398