Chen Yibo:3.8A new low appears, and gold has direct vacancy conditions

eveninggoldMarket analysis:





Gold prices hit early in the day1714Afterwards, the entire European market was in a downward trend, and before the US market hit a new low, it reached1684In terms of the evening trend, the gold price began to decline after the morning rebound. During the decline, we did not see a significant rebound, and the price fell below the previous low before the US market. The hourly line showed a continuous negative and single negative closing line. Therefore, we continued to be bearish in the evening, and in the evening1693-95Short nearby, stop loss1701Look at the target below1685-80Radical available price1688-90Direct empty, stop loss7US dollars, look at the target1680-75








From a golden technical perspective3Since the beginning of the month, gold's performance has still been dominated by bearish positions. Currently, the monthly line is still in a bearish trend, with prices fluctuating around the mid track. Technical indicators are all in a bearish trend, and the fundamentals are positive, but they have always failed to establish themselves. Gold on the weekly line3The continuous downward trend puts prices in an extremely weak position, with technical indicators being short and aboveMA5Daily line1768Form strong resistance, with daily prices close to each otherMA5Daily Line Continuously Downward, Upper and Middle Tracks1768Nearby is also a watershed for short-term and medium-term trends. CurrentlyKThe downward trend of the line and the opening of the Bollinger Belt indicate that gold does not yet have the momentum for a major rebound. Therefore, the central line1768-40You can still bearish gold below!





Short line4From an hourly perspective, the current price is trading near the medium rail,MA5Daily line and10The daily oil rebound trend, but the sustained rebound of the US dollar has put pressure on gold bulls, and the smooth downward trend of the medium track has also made it difficult for bulls to have a significant rebound. However, in the short term, gold prices are expected to continue to rebound, with preliminary resistance from the above1715-1720On the up side, pay attention1730-1740Interval, reference below1700-1695Short term support can enter the market. Overall, it is recommended to take a long look at the rebound during the day.





　　crude oilIn the early morning trading today, there was a jump in the sky, a high opening, and a gap. In addition, the pull up was too strong, making it easy to fall back and fill the gap. This is also a reminder of the early trading67.8Reasons for pressure, supporting attention66.7、66.2and65.5In addition, it is important to note that accelerating the rise all the way can easily lead to the top. Without testing a wave, it is also advisable to avoid chasing higher positions; proposal65.5-66.2Support on dips and stabilize more








Comprehensive guidance teacher: Chen Yibo