3.16Will gold continue to plummet next week How to deal with multiple orders and attach/remove packages

Preface: Investment is like playing chess. Those with high chess skills can see five, seven, or even a dozen steps, while those with low chess skills can only see two or three steps. High players consider the overall situation, plan the overall situation, and do not prioritize one piece or one place, with the ultimate goal of winning the game. Low players compete for every inch of land, only for temporary needs, resulting in frequent difficulties. Trends must have a long-term vision, investments must have long-term planning, and layout skills are the key to success. When making investments, if your abilities are not enough to support your current situation, then you need a strategist to help you control the overall situation. A choice is a turning point! One attempt is an opportunity!
　　
News: Last week, the Federal Reserve urgently lowered interest rates50Against the backdrop of one basis point, the market's concerns about the epidemic in European and American countries rapidly intensified last weekend, and Saudi Arabia suddenly launched a price war, causing international oil prices to plummet by over30%The market's concern about the US economic recession has also risen sharply, and the US treasury bond bonds have been sought after by the market10The yield of one-year treasury bond bonds once plummeted more than50%, setting a new historical low to0.313%，goldThe safe haven buying has also continued to increase, and as the US dollar weakened, gold prices briefly broke through1700The integer level has reached a new high in over seven years1700dollar/ounce.
　　
Head of Global Commodity Research at Goldman Sachs on Monday(3month9day)In a report to the client, it was stated that "although the current environment is not yet clear, one thing is clear: unlike the economy, gold is immune to public health events." This is the final currency, avoiding concerns that paper currency may become a medium for spreading public health events. Therefore, gold performs better than other safe haven assets such as the Japanese yen or Swiss franc, and as long as the uncertainty surrounding the impact of public health events persists, this trend will continue.
　　
Gold: In just the past week, spot gold has perfectly staged the natural law of "things will go against the extreme". As the US dollar plummeted, the price of gold once broke through1700Gateway, creating2012Since the end of the year, it has reached a new high1703.39dollar/Ounces, but due to factors such as long profit taking, margin demand triggered by a sharp drop in the stock market, and a significant rebound in the US dollar, the daily gold price recorded five consecutive negative days, with a cumulative decline of nearly200USD, lowest touch1504.78dollar/Ounces, closing1529.83dollar/Ounces, weekly decline of8.6%, for1983The largest weekly decline since the beginning of the year.
　　
From a technical perspective, gold saw a sharp drop in spot prices on Friday, with a drop of over90USD, refreshing last year12month26Since the low point of the day1504.78dollar/Ounces, gold prices plummeted this week8.6%, recorded1983The largest weekly decline since the beginning of the year, with the daily chart recording five consecutive negative days,MACDDead fork after top deviation,KDJDead fork,5Daily moving average underpass10The daily moving average has formed a dead cross, and gold prices have continuously fallen below multiple moving averages and the Bollinger Line. Bears have clearly gained the upper hand, reaching a low point on Friday1504.78This is currently the initial support below, followed by1500Integer level,200The daily moving average is supported by1497.45Nearby, further support at2019year12month23Daily high point1486.22Nearby, there is a dense trading area at this location with relatively strong support. If the position is accidentally missed, a new downward channel will be opened; However, due to the significant short-term decline in gold prices, andKDJofJ”The value is severely oversold, if the gold price persists1500At the integer level, one needs to be cautious of the possibility of fluctuations, rebounds, and adjustments,100Daily moving average1535.45It is currently the initial resistance above,1month21Resistance at daily low points1546.41Nearby, further resistance55Daily moving average1583.53Nearby, if the position is recovered, the short-term bearish signal will be weakened; Overall, in terms of short-term operation strategy next Monday, Zhihao Dianjin's personal suggestion is to focus on a pullback and buy long, supplemented by a rebound at high altitudes, with a focus on short-term operations above1545-1555Frontline resistance, short-term focus below1510-1504Frontline support. For friends who currently have orders in their positions, as the author Zhihao Dianjin is not aware of the positions and detailed information of your positions, it is difficult to provide corresponding unwinding strategies. For those who need to unwind, they can go to the individual account (official WeChat account:bzd99996327）
　　
　　crude oil: Friday（3month13US crude oil rose during intraday trading. Brent crude oil opening32.73dollar/Bucket, highest reach35.77US dollars; United StatesWTICrude oil production30.8dollar/Bucket, highest reach33.87US dollars. The current improvement in the market atmosphere for crude oil utilization has led to a rebound in oil prices. However, the latest headlines surrounding the outbreak of COVID-19 led to a weak rebound at the bottom. Due to oil producing countries promising to increase supply this week, oil prices have hit a record high2008The largest weekly decline since the financial crisis. To understand with the simplest intuition, price trends are never straight. If they fall too much, there must be some technical correction and correction, and vice versa.
　　
From a daily perspective, crude oil fluctuates after a high decline;KDJRandomized indicators tend to flatten out,MACDDead cross, the green energy column slightly shrinks, indicating that the decline in crude oil has eased, and there will be a trend of oscillation or slight rebound in the future; Due to the downward opening of the Bollinger Bands, the moving averages are arranged in a bearish pattern without any losses36.7Before resistance, the future market still tends to fluctuate downward; crude oil2From an hourly perspective: low level oscillation;KDJRandom indicators flatten out,MACDThe golden cross, with a stable red energy column, indicates that the direction of crude oil trend is unclear, and it will continue to fluctuate under pressure at low levels. Currently following the upper and lower tracks of the Bollinger Belt33.7-30.1The situation of breaking through the range, however, due to the fact that oil prices were unable to break through the range on several occasions on Friday and the ongoing oil war, crude oil will continue to fluctuate at a low level. Overall, in terms of short-term operation strategy next Monday, Zhihao Dianjin's personal suggestion is to focus on a pullback and buy long, supplemented by a rebound at high altitudes, with a focus on short-term operations above34.0-35.0Frontline resistance, short-term focus below31.6-31.0Frontline support. Real time market changes, add author Zhihao DianjinWeiXinNumber（bzd99996327）Get daily market analysis, unpacking strategies, and guidance on medium - and long-term layout. We welcome like-minded individuals to come and have a long conversation!
　　
Message from Zhihao: Tea can intoxicate people, Buddha can overcome them. There is only one purpose in investing, which is to earn more money. In order to make the people around us live better, no one's money is brought in by strong winds or picked up for nothing on the road. This market does not lack teachers, what is lacking is a conscientious teacher, a responsible teacher who considers problems from the perspective of customers. I will work together with you in both glory and disgrace, progress and retreat. A responsible teacher can enter your heart, know what you need, and understand everything at once. My principle of being a person is to speak the truth and do good deeds!I follow the principle of placing orders, we look before the order arrives, and we take action when the order arrives!Customize different investment plans for different clients.
　　
This article is written by Zhihao Dianjin (WeChat:bzd99996327）As a contributor, I interpret world economic news, analyze global investment trends, and conduct in-depth research on commodities such as crude oil, gold, and silver. Due to the delayed nature of online push, the above content is my personal suggestion. Due to the timeliness of online publication, it is for reference only and at my own risk. Please indicate the source of the reprint.
　　
The author of this article is Zhihao Dianjin, WeChatbzd99996327。