Tang Mingyang:5-9Overnight plunge of gold, analysis and suggestions on the Hang Seng Index of gold and crude oil

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goldaspect:

      Gold is breaking on Wednesday1290The trend reversed after the US dollar hit the mark, and in the evening, it fell slightly from the intraday high10dollar,then in1280Stabilizing and starting to rebound slightly, the current gold price is1281Running nearby.
      This is mainly because of the evening10The yield of the one-year US treasury bond bond rose from5Rebound from weekly low point, rising close0.5％； In addition, the three major indexes of the US stock market briefly rose during the trading session and have been consistently97.50The nearby sideways consolidation of the US dollar index also suddenly rose in the evening97.60Above, it further hit the gold price
      At present, the long and short volatility of gold is gradually narrowing. According to the market, it shows that a major market trend is about to erupt. Moreover, with the increasing volatility in the stock market and the return of risk aversion, global central banks are showing an increase in gold reserves, and gold investment is once again being sought after. So after this technical adjustment, I am more inclined to continue buying gold
      Overall, influenced by the rebound of the US dollar and stocks, as well as safe haven sentiment, gold4Three consecutive hours of bearish highs have fallen back, seemingly breaking the strong bullish trend, but in fact, it can be seen that a correction has been made for the bottom rise. Therefore, we still need to wait and see1278-1276An important support, followed by1266Strong support, if unable to effectively break through1278-1276So this upward trend is not over yet, and the current correction should be viewed as a correction. If unexpected support is broken1266It is the beginning of a new downward trend, so it is still necessary to pay attention to the bottoming out point of the downward trend and rebound in the next two days. After four hours, the overall trend tends to be volatile, but in the short term, gold will still rise.Strategically speakingMaintain a low bullish trend,Maintain high altitude and low altitude in operationFang continues to follow1290-1292Frontline resistance, short-term focus below1278-1280Frontline support:
      Specific operations can be carried out1278For defense, in1278-1280There are multiple layouts nearby,Stop loss1275Stop surplusnotice1286Nearby,Bounce to1288-1290Short selling in line with the trend, stop loss1293Look back at the target1282Below, below the silver14.750-14.770Multiple, stop loss14.700First, look at the target14.900。
crude oilaspect:

    The interweaving of long and short emotions in crude oil is becoming increasingly intense.On the one hand, last nightEIAUnexpected significant decrease in inventory396.3Ten thousand barrels and the statement from the Iranian Ministry of Foreign Affairs gradually withdrawing from the Iran nuclear agreement are both supporting oil prices, with US oil rebounding from its low point1USD.anotherSaudi Arabia plans to meet all the demands it receives6Monthly oil procurement requests, including Iran's share, have led toOPEC+Extending the time into doubt has also brought negative effects.andChina-US trade warThe uncertainty, and moreCausing global commodity prices to be suppressed;
Since long and short are intertwined, it is highly likely that crude oil will fall into a range oscillation, waiting for further direction choices.thereforeToday we are following61.00—62.30This oscillation operation interval, wait for the upper and lower parts of the interval to be given, and then intervene in the operation(guidanceWei's words:tang❷⑨❾①❻⑧)
。

Specific operational suggestions,proposalstay61.00-61.20Multiple, stop loss60.60The target is visible61.80Nearby profitable exit; above62.00-62.30Region, available empty, stop loss62.60Take a look below61.40Profit can be earned from exiting below.

There are opportunities for both long and short positions, but one must be patient and wait for the opportunities given by the upper and lower parts of the range.

Regarding the Hang Seng Index:

     The Hang Seng Index showed a fluctuating downward trend yesterday, reaching its highest point above28800Nearby, currently it appears to be a four hour lineMA5Wrap up above28700Short term suppression is forming nearby, as seen by the hourly lineKDJThere are signs of a downward trend, and attention should be paid to the upper level today28800Nearby suppression position, attention should be paid below28430Nearby support position,
Suggest using28480nearbymanySingle entry, target28800Nearby, stop loss80
      In the foreign exchange market, due to investors' lack of confidence in cross party negotiations in the UK, the pound briefly broke through1.30At the critical juncture, the Reserve Bank of New Zealand has passed its time3The annual interest rate cut caused the New Zealand dollar to plummet70Points.
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