Poetry, tea, and gold:8.24Noon review, bullish gold bullish collapse, intraday rebound mainly bearish, crude oil still bullish

Without cultivation or sowing, no matter how fertile the soil is, crops cannot grow. Without struggle or creation, even the most beautiful youth cannot bear fruit. Worrying about being single forever is purely unnecessary. To achieve beautiful goals, strive and strive for them on your own.

​

　　——Interpretation of the Gold Market——


The first day seminar of the Jackson Hole Annual Conference is about to kick off. Powell's speech is expected to revolutionize the foreign exchange market


Friday Beijing Time8:00The most anticipated Jackson Hole Global Central Bank Conference's first day seminar this week is about to begin, and22:00Federal Reserve Chairman Powell will deliver a speech on "Monetary Policy in a Changing Economy.". The annual meeting is known as the "barometer" of policy turning points. From the perspective of exchanges, almost every meeting will have important central bank officials release clear signals, including hints of interest rate hikes or cutsQEEtc.


At present, the market is generally paying attention to Powell's speech, and Mitsubishi UFJ Financial Group expects Powell's speech on Friday to drive a significant reversal in the trend of the US dollar; Imperial Commercial Bank of Canada, on the other hand, expects Powell's speech to have a relatively small impact, but his stance may be hawkish, leading to a moderate rise in the US dollar. Dutch International Group believes that the market will pay attention to whether the policy signals released by the Federal Reserve have led to further deterioration of global risk appetite. From these analyses, it can be seen that Powell's speech tonight will still impact the foreign exchange market, and investors need to be cautious of the risks brought by his speech.


　　Turnbull's downfall crisis may not be resolved, but the Australian dollar is being dragged down and is being bearish


According to Reuters, although he was forced into the palace on Thursday, Australian Prime Minister Turnbull remained firmly in power and stated that if the majority of the party supports him, a second leadership vote will be held on Friday noon. Yesterday, due to the impact of the "forced palace" incident, the decline of the Australian dollar against the US dollar widened, exceeding1%. However, as risks still exist, investors are currently inclined to be bearish on the Australian dollar.


Germany Q2GDPIt is about to be revealed that the euro may be hit hard and slide again


Today14:00Germany's Q2 non quarterly forecast will be announcedGDPAnnual rate final value, both expected and previous values are2.3%. Recently, the euro has remained very weak,MarkiteconomistPhilSmithYesterday afternoon, it was announced that Germany8The monthly business continues to show a significant recovery trend, but the data indicates that inflation will face some new upward resistance in the coming months.


European Central Bank Managing Director Weidman also stated that although the German economy may continue to maintain an upward trend, Germany's expansion may not continue to be sustained2017The speed of the year has increased. The euro has remained very weak recently, and if Germany's data falls short of expectations today, it may be difficult for the euro to reverse its weak state for some time to come.


　Can the total number of oil drilling in the United States continue to rise as scheduled and oil prices stand firm?


Saturday morning1:00The United States will announce as scheduled8month24The total number of oil drilling in the current week, last week was869Mouth, equal to the previous value. This weekAPIandEIAcrude oilThere has been a significant decrease in inventory, as well as supply tightening caused by sanctions against Iran, coupled with a slight weakening of the US dollar, resulting in an increase in both US and Brazilian oil prices. If there is a decrease in drilling volume this week, it is expected to continue to benefit oil prices.


　　——goldTechnical analysis and operational suggestions——


Currently, based on technical analysis, the gold daily chart shows a bullish candlestick on the next dayKLine cross star, ending the consecutive positive trend, under pressure1200Below the checkpoint, it is important to pay attention to today's daily closing situation, such as closing at1190Below, continue to observe the downward rebound of gold, otherwise, observe the strength of the rebound, but do not break through1200The rebound is difficult to sustain and will not break or stand.


Looking at the short-term trend of gold, it rose and fell on Wednesday, closing with a cross star, and the pressure level in the mid track was from1204Moving further down nearby1202Nearby; Currently, the overall gold price is still in a downward trend, and gold bears still have an overall short-term technical advantage. Multiple preliminary attacks1200The key point is to gain and lose again, which means that the gold price has not yet achieved a reversal. In the short term, we will continue to monitor the strong pressure on the mid orbit of the daily chart Bollinger Belt.


Short line4The hourly chart shows that the gold price fell below the intraday limit today1190At the checkpoint, the current gold price is held between the middle and lower tracks of the Bollinger Bands, while5Rihe10The daily moving average has diverged downwards with a dead cross;The short-term gold trend is relatively weak; So, in terms of today's operational strategy, it is recommended that Shiming Pinjin focus on rebounding and short selling, with a focus on the above1192-94One line of resistance, pay attention below1178-80Frontline support.


　　——Technical analysis and operational suggestions for crude oil——


At the daily level, after a sharp rise in crude oil the day before yesterday, the daily trend ended in a strong positive trend. Currently, the oil price has been rising for five consecutive days, and the upward trend the day before yesterday has broken through the upper limit74.7-69.8The downward trend formed by the front line is suppressed, and driven by the strong yang, the daily moving averageMA5MA10The golden cross appears,BOLLThe downward trend of the down track has slowed down,BOLLStart leveling, attached imageRSIandMACDBe bullish, stay bullish for the day, and wait until the key support is reached before choosing an opportunity to lay out.


　　4Looking at it from an early age, we have a continuous upward attack and a breakthroughBOLLAfter being suppressed on the upper track, it ran above the upper track and broke through at the same time yesterdayMA90Suppression, moving averageMA5MA10Synchronized upward, but due to the rapid rise, the short-term lateral oscillation is shown in the attached figureRSIDrive to the turning point downwards,MACDThe high-order quantity above the zero axis can weaken, and there is a demand for correction in the short term.


From an hourly perspective, the trend of retracement correction after the surge is more obvious, with the moving averageMA5High level stagflation, with a turning point operation, and soon to be in contact withMA10Form a dead cross, so you can first observe a wave of retracement correction within the day,So, in terms of today's operational strategy, Shiming Pinjin suggests that the main focus should be on a pullback and a long position, supplemented by a rebound at high altitudes. The focus should be on the above68.7One line of resistance, pay attention below67.0Frontline support.

Perhaps you are feeling very confused now, perhaps you are looking for identical articles, perhaps you are already disappointed in this market, but please believe that at least you still have me! Shiming Pinjin dare not say that she is a clear stream in this industry, but she is definitely the most responsible teacher.


Online articles usually have timeliness, and if you miss a point, do not pursue and control risks. There are often market opportunities, so it is better to miss them than to make mistakes!


You give me a trust, I give you a lot of profit. In the market, we rely on our strength to speak. True gold is not afraid of fire. Welcome to verify the strength of poetry, tea, and gold.


　　------High quality platform


Gold, crude oil, silver, copper, natural gas, etc. are guaranteed to be first-hand gold400US dollars, the minimum handling fee can be from one side to the other10dollar,0Spread 0Overnight fee. The platform cooperates with major banks, and the third-party payment is UnionPay. A platform with the lowest operating cost is truly suitable for trading crude oil and precious metals.


Wen/Shiming Pinjin Satellite:smpj8888Buckle:1146501998