Dream Immortal Point Gold:1.22Afternoon review, gold and crude oil are not overly bearish, and the market will still rise in the future.

Yesterday, an investment friend approached Mr. Mengxian and said that he had suffered serious losses recently. I have just started working with a new teacher and can still make a small profit at the beginning. From now on, I lock and unlock orders every day, including buying, selling, and selling. I made a short order and then entered multiple orders when the market rose a little bit. I don't even know the reason why I did this. It seems like I've been repeating these non profit related operations every day for a week. Get the daily order in the early morning2-3Point or even stop trading, not to mention physical exhaustion, the result did not see any profit, and funds were actually shrinking, for a week5Heavenly trading, with3Daily orders are held overnight. Upon hearing this, Teacher Mengxian felt an inexplicable sadness. I am saddened by the current trading status of this friend. I feel sad for the so-called analysts blooming everywhere in the market. Everyone investing in the market, to put it bluntly, is just making money, everything else is just empty talk. But every day, there are always many friends who engage in numb trading and have forgotten the original intention of investing. Losses seem to have become commonplace, and perhaps you feel like you haven't lost anything. Please take a look at the funds in your current position. How much is left? Think about it carefully. If you are indifferent to your current loss situation, it only proves that you are avoiding it. You are unwilling to accept the loss. If you are really unwilling, please learn to change. If you are unwilling to change, it means that you have not hurt deeply enough!

goldLast week, the overall trend showed a high-level oscillation, with a bearish cross star closing on the weekly chart and a sudden halt to the five consecutive bullish trends on the weekly chart; Twice touched during trading1344After reaching high levels nearby, they all fell back and adjusted; The first touch triggered a pullback adjustment, but it still stands firm1330At a critical position, the gold price rebounded strongly and rebounded again, testing the resistance of the high point again. However, it failed to break through the new high and weakened. This time, the decline was significant, breaking through1330Touched briefly after the critical position1324One line low point. On Friday, the impact of the US government shutdown crisis led to a rebound in gold prices, coupled with institutional crashes, causing gold to once again rise1340The barrier failed, and the gold price fell back to1330Near the top. So, how will the market perform this week?
From the daily chart, it can be seen that the upward trend is weakening, with high volatility and consolidation. In the short term, the gold price will be suppressed by the upward trend, but the suppression force is relatively weak, and there are signs of a slight decline next week. Whether to lower it or not depends10The support level of the daily moving average.
From gold4From the hourly chart, the opening of the Bollinger Bands shows a downward trend of contraction, while the upward trend suppresses the downward trend. The lower band of the Bollinger Bands1323The support situation on the front line is our bullish focus, above the moving averageMA5BondingMA40Operating in1333frontline,MA10Continuing to rise, other moving averages are arranged in a bullish pattern. The attached chart shows that the fast and slow lines of the indicators are sticking together near the zero axis, and the red momentum column is severely shrinking. Overall, the bullish trend in gold remains unchanged, but short-term long and short positions are stuck, and there is a demand for a pullback.
  
Early morning gold opened up to1335Nearby, this also confirms the view of Mengxian Dianjin that Mengxian is still bullish on gold in the future market. Dream Immortal suggests focusing on the following below1330The boundary point between long and short, temporarily pay attention above1340Frontline pressure level, breakthrough attention1345The pressure level, it is recommended to focus on the interval during the day1330-1340Operate around the range, it is recommended to focus on low and high, and break through the position to operate accordingly! At the same time, the article has timeliness, and the specific entry point still depends on the actual market situation. For specific operations, please consult the author himself!
Gold operation suggestions
1、1330-1332Long on the front line, stop loss4Point, look at the target1337.5Reduce inventory and break through positions1338see1340，1344。
2、1338Short position, stop loss3Point, look at the target1332, breaking through1331see1328，1325If the final position is broken1340It can be seen from the small damage1344The resistance cannot be broken to choose the right time before entering the empty space.

crude oilMarket analysis:
Although oil prices closed down last week, they failed to effectively fall below the support range emphasized by the author, and ultimately62.8The upward trend has turned into a slight consolidation, and the overall trend of crude oil is still fluctuating at a high level. Fundamentally speaking, last week'sOPECandIEAMonthly reports have raised expectations for an increase in US crude oil production. At the same time, the number of active oil drilling in the United States decreased last week, but crude oil production increased that week, indicating that the efficiency of shale oil production in the United States has significantly improved, which is very unfavorable for the future rebound of oil prices. In addition, on SundaysOPECAnd nonOPECThe production reduction alliance held a ministerial level production reduction supervision meeting. Saudi Arabia, Russia and other energy ministers say oil producing countries should2018We will adhere to the implementation of the production reduction agreement in the coming year. Saudi Oil Minister Al Falih publicly urges oil producing countries to continue their production cuts for the first time2018Years later. Overall, the current fundamentals of the oil market have been adversely affected by the increase in US oil productionOPECThe competition between the positive impact of joint production cuts on oil price increases.
From a technical perspective, although crude oil fell overall last week, it did not effectively fall below62.8The small cycle support range. So, although the weekly chart closed negative, the decline was limited, and there is a high probability of crude oil going up or down on the weekly chart. From the daily chart, it can be seen that62.8The support is quite obvious, so this week I still suggest using62.8As a watershed, break through effectively with crude oil62.8Don't be overly bearish before. From a small cycle perspective, last week's fluctuations in crude oil have fallen back, with each time forming a consolidation interval in the hourly chart before breaking down. Therefore, at the beginning of this week, we will focus on paying close attention to this63.7If the resistance of the rebound breaks through, the pullback of crude oil is likely to end, and there is a high probability of further upward movement in the future, so it is important to break through effectively63.7After resistance, we can try to go long with a light position.
Suggestions for crude oil operation:
Short term in62.8-63.7A small stop loss within the range can be done at high or low levels, and after the market effectively breaks through the range, it can be followed up accordingly.

Always remember that the best hunters are always those who are good at finding opportunities while waiting, and excellent traders in the market always know how to quietly lurk in the midst of suffering. While charging forward may be heroic, the extremely dangerous financial market is not an era of praising heroes. Don't run out of bullets and only understand the market situation, then trading will appear pale and powerless, regret is meaningless and the cost will be high. Don't always think that you have good luck and that you can easily make a profit without studying. But they don't know that this market is deep and turbulent, and once they enter, they will capsize. Therefore, in the market, choice determines the length of the road and also determines the fate of financial career.
Teacher Mengxian (official WeChat:mengxian909 QQ：982200437）Proficient in applying wave theoryKBands, Bollinger BandsMACDAnalyzing and predicting market trends. Proficient in using various technical indicators, thus forming a unique risk control system and trading system. If you need psychological guidance, investment plans, are interested in investing in precious metals such as crude oil and gold but have no idea where to start, or have friends who are already in contact but not ideal, and want to keep up with the stable market layout, please follow "Dream Immortal Teacher".