Maolin Reading Scripture: The Golden Week Line Ends with Correction Crude oil is still being treated as volatile

Today's market analysis:

　　goldYesterday saw the largest single day decline in a year, starting from early trading1552Starting to decline, breaking through continuously4The support level at the Daoguan Pass, with the lowest touch1506The position has stopped falling and rebounded, with a drop exceeding3%Yesterday's sharp decline was mainly due to the easing of trade war sentiment andADPBetter than expected, the institution experienced a significant sell-off resulting in profit taking!

　　今天重点关注非农数据，前值16.410000 people, expected15.8Ten thousand people. From yesterday'sADPAccording to the data, it is greater than16Ten thousand people shouldn't be a big problem. So it is highly likely to be negative for gold, but this cannot be used as a basis for entry! The key still depends on how the European market goes today.

　　今天重点关注欧盘的走势，若欧盘偏弱，延续跌势震荡下行，并且没有突破1520-22The resistance level, so before the US market6-8Point's draw is our opportunity to enter the market empty handed, let's see if gold can make another move with the help of non farm payroll data!

　　今天主要是关注行情震荡修正还是反弹修正，所以今天亚欧盘重点关注昨天尾盘反抽的高点1520-22If the resistance level is not broken, then the European market can directly participate in short positions below this level. If there is a breakthrough1522At the resistance level, the market may initiate a rebound correction, while the upper pressure level is at1530-33Location.





Take a look againcrude oilYesterday, with the help of crude oilEIARise and fall. The triangular arrangement pattern of the daily chart has not changed. So we cannot be overly bullish or bearish, we should approach it with a volatile mindset. Upper resistance level triangle oblique edge*Still in57Above, the downside is57.2position Supported below55.3-55.4Nearby. So continue to watch range fluctuations within the day!

In summary:

　　今日黄金在亚欧盘关注1520-22If the resistance of the Asian European market does not break, then you can directly participate in short positions in the afternoon European market. Let's take a look1510-1505position If there is a breakthrough1522The market situation needs to wait1530Go participate in empty orders above! Below given1503Go directly to participate in multiple orders based on the location, the goal depends1508-1520！

Crude oil in57Participate in empty orders above, below55.3-55.4Just participate in multiple orders nearby and watch the range fluctuations!

Wen/Maolin Reading Classics (Weixin)Livse8）Years of gold, crude oilforeign exchangePractical experience, contributor to major financial websites, focusing on investment concepts, trend analysis, risk control, and other fields, with unique insights into market trends. Due to website deletions, some content may not be displayed,You can search Maolin Reading Classics to view complete articles on other financial websites.