Industrial Investment: Fed's Relaxation Fermentation Gold Rush Achieves Thousand Four Levels

Industrial Investment: Fed's Relaxation Fermentation goldCrazy Racing Achieves Thousand Four Passes
2019year6month21day
gold
After the Federal Reserve's decision, the market is expected to have a positive outlook on the Fed as early as possible7The bet on monthly interest rate cuts has increased, and the expectation of three interest rate cuts within the year has also begun to heat up. The decrease in Federal Reserve interest rates will lower the so-called 'opportunity cost' of gold. On Thursday morning in the Asian market, gold prices surged rapidly and reached their highest point of the day1393.29Breaking the five-year high. Although it quickly fell back in the short term, investors turned to safe haven assets such as gold at a time when global central banks may be starting a loose competition. The gold price then maintained a volatile upward trend and eventually recorded a large bullish line, closing at1390.82In the morning session of today's Asian market, with the continuous influx of buying orders, the gold price further rose rapidly and successfully broke through1400Pass, highest touch1411.70In the short term, it is expected that bulls will still dominate. Focus on the US manufacturing industry todayPMIData on existing home sales, as well as the speech by the vote committee member Rosengren.
On the technical side, the daily chart has risen significantly for several consecutive days, constantly breaking new highs. The random indicator has entered the overbought zone but still maintains a bullish trend.
Key resistance:1411 / 1420 / 1430
Key Support:1400 / 1393 / 1380
Today's suggestion:
The short-term action of the hourly chart is strong, and the bullish alignment of the moving average system is good;4The hourly chart continues the recent volatile upward trend. Available within the day1402Short positions in nearby light positions, let's take a look first1411Look again1420Stop loss set at1398Below the line.
silver
Federal Reserve6The monthly resolution is the earliest resolution of the Federal Reserve this year7The monthly interest rate cut has opened the door, and silver continues to receive a large influx of buying interest. On Thursday, the overall price rose rapidly, reaching its highest point15.49, creating3The high since the end of the month, finally closed at15.43Maintain oneself5The fluctuating rebound trend since the end of the month. In the morning session of today's Asian market, silver continued its upward trend15.47Nearby. In the short term, silver prices will continue to rise. Today, you can pay attention to global stock markets and the performance of the US dollar.
On the technical side, the daily chart has risen significantly for several consecutive days, with bulls maintaining their strength and expecting upward pressure.
Key resistance:15.55 / 15.75 / 15.85
Key Support:15.35 / 15.20 / 15.10
Today's suggestion:
1Hour chart on15The price is accelerating above the checkpoint, indicating strong short-term action.4The hourly chart continues the previous volatile upward trend. Available within the day15.35Long in light warehouses near the front line, let's take a look first15.55Look again15.75Stop loss set at15.25Below.
copper
Despite the loose monetary policy of the Federal Reserve causing a sharp drop in the US dollar index and boosting copper prices. Copper fluctuated upwards on Thursday, reaching its highest point2.7365However, compared to the upward trend of gold and silver, the upward movement of copper is not strong. As announced by the World Bureau of Metal Statistics on Wednesday,2019year1-4Global copper market oversupply in the month4.3Ten thousand tons, and2018The annual supply gap is1.9Ten thousand tons. The pessimistic sentiment of oversupply limited the increase in copper prices, and ultimately only recorded a slight rebound, closing at2.7120Today, you can pay attention to market sentiment and the trend of the US dollar.
Technically speaking, the daily chart recorded a long upper shadow line overnightKThe line implies strong pressure above, and the sustained rebound space is expected to be affected by the upward pressure50The suppression of the daily moving average.
Key resistance:2.7380 / 2.7520 / 2.7760
Key Support:2.7000/ 2.6890 / 2.6730
Today's suggestion:
Hour chart briefly explored2.7376After the first line falls, there is a risk of a decline if the position is not broken;4The long-term downward trend of the hourly chart remains good. Available within the day2.7350Short on the front line, take a look first2.7000Follow again2.6890Stop loss set at2.7530upper.