Zhou Jinrui5.4Will gold continue to rise? Analysis and Operation Suggestions for Futures Gold and Silver Market

　　goldMarket trend analysis
　　
Analysis of Gold News: Monday（5month3Spot gold fluctuated. The strong economic data in the United States boosted the US dollar and hit gold prices, while hawkish officials within the Federal Reserve began to rise as the economy strengthened. However, with the increasingly severe COVID-19 situation in India, the US fiscal and monetary policies are expected to continue to maintain double easing, which supports the trend of gold prices. As of this week,ISMManufacturing is very important, and salary levels are very important. Generally speaking, any unexpected increase will push up inflation expectations. This may lower real interest rates, which would be a good catalyst for gold, but the market is starting to believe that the Federal Reserve will tolerate economic overheating. As inflation rises, it is unlikely to see a significant increase in returns, which is beneficial for gold.
　　
Gold technical aspect: Gold monthly level, suppression5The moving average has slightly fallen, relying on the key support of the medium rail cycle to stabilize and close positive, which means5The overall rhythm of the month is still dominated by a bullish retracement, with a golden weekly level and significant resistance, which is the medium track. Currently, it is moving downwards1795Only by breaking through and standing on it can we turn bullish and upward in the medium term. Pay attention to the support below first10Daily position1747; At the gold daily level, it is still oscillating between two trend channels, with a focus on the support of the lower middle track during the day1761Front line, short-term moving average dead cross above, pay attention to10Daily resistance1798On the front line, continue to fluctuate within the range;


Gold4Hour level,66After breaking below the daily moving average, it has become a certain resistance and is under pressure1798One line, supporting two, one is the position of the half year line1761Another is the strong support of the annual moving average1743As consolidation time progresses, both resistance and support will change; Golden hour level, currently still in1775-1798Within the interval, there is no obvious direction, so it is recommended to wait and see before opening the operating interval up and down; Short term resistance level above1798-1802Strong trend pressure1815Frontline, short-term support below1774-1770, strong support1756-55On the front line, pay attention to the gains and losses of oscillation between support and resistance; Overall, today's short-term gold trading strategy. Last week, Jinrui suggested a pullback and a long position as the main strategy, with a rebound and short position as a supplement. The focus of the above is to pay attention1810-1815Frontline resistance, short-term focus below1770-1775Frontline support. The market is constantly changing, with more real-time market analysis and timely operational strategies added.Author Zhou Jinrui（zjr8527）Daily market analysis, unwinding strategies, and guidance on medium to long term layout are all included.
　　
Shanghai Gold2106Technical analysis:
　　
Shanghai Gold2106: Shanghai Jinyu375Pressure drop, minimum test367.8region370The pass was missed, and the short-term market was volatile and bearish. The daily performance was characterized by a bearish bearish candlestick falling below the Bollinger Bands and falling lower,MaHigh dead fork opening,macdThe depletion of the golden cross potential energy turns into a dead cross opening, and the short-term Shanghai gold market is in a downward trend of oscillation, with a focus on the weekly trendMa10average368Support, there is still a demand for rebound even if the price does not break through the short term, while paying attention to whether the price can break through and stabilize again370Only through the critical points can we further strengthen, please pay attention from above373/375Resistance suppression. Four hours later, Shanghai Gold opened downwards under the pressure and oscillation of the medium rail,MaShort positions on the moving average,macdThe dead cross has increased its trading volume twice, with weak short-term volatility in the Shanghai and gold markets, and there is still a risk of a decline. During the day, the main focus is on high trading, with low trading as a supplement. Shanghai Gold2106Suggest on364Long, stop loss362, Objective371/373Test above373Short selling, stop loss375, look at the goal366.
　　
Shanghai Bank2106Technical analysis:
　　
Shanghai Bank2106Shanghai Bank opened low and fell below the limit5400Gate minimum test5300The region is also a daily line, with a central track and a weekly lineMa5.30Strong support temporarily stopped the decline, and then the price rebounded to5400Nearby, and the bulls were unable to continue, dayKThe line is represented by the pubic column,Ma5.30Forming a dead cross downward hook,macdThe potential energy of the golden cross is depleted, and a divergence from the top is formed. The short-term trend of Shanghai and silver is volatile and the market is weak, and there is still a downward risk. Key attention should be paid to this5260Gains and losses of support at the checkpoint. If this level does not break, it is expected that there will be limited space below. Be cautious in chasing short positions. We can go long before this level, and pay attention to the upper level5400/5.30Test this area for short selling, today's range is tentatively set5260-5.30Internally. For friends who currently have hedging positions, as I, Zhou Jinrui, do not know the specific positions and situations of your hedging positions, it is difficult to provide corresponding hedging strategies. Friends who need to unwind can opt for single line hedgingzjr8527obtain.
　　
　　crude oilMarket trend analysis
　　
Analysis of crude oil news: Monday（5month3US crude oil fell, with oil prices falling from a six week high last Friday. Investors sold their long positions, resulting in weak Japanese crude oil import data and concerns that a surge in India's infection numbers could dampen fuel demand. Overall, the statements of both sides in the Iran nuclear negotiations are inconsistent, and the uncertainty caused by the epidemic has made the market tense and uneasy. Especially, the news related to the epidemic in India has put more significant pressure on oil prices in the short term. According to foreign media surveys,2021The average price of Brent crude oil for the whole year is expected to be per barrel64.17USD, last month's forecast was per barrel63.12US dollars. So far this year, the average price of Brent crude oil is62.30US dollars. Short term focus on the outcome of the Iran nuclear negotiations and the development of the Indian epidemic.
　　
Technical aspect of crude oil: Currently, the suppression of the parabolic turning point above the weekly chart is66.23As the pressing point above the take-up continues to move downwards65.5-8Nearby. Naked from the perimeter“k”From a morphological perspective, the upper part is suppressed65.7Frontline. Weekly indicatorsMACDThe high level gold fork has been fluctuating, and there is no upward momentum to start withdrawing. The daily line is currently supported by the medium rail and moving averageMA60nearby62.5Frontline, and currently daily indicatorsstoQuick downward repair,MACDThe shrinkage of the golden fork is gradually sticking to the zero axis, so there is still another opportunity for the daily line to rise, while the strong support from the lower side is61.2-60.9frontline.4hourmacdDead fork high-throughput operation, flexibility indexstoHook down repair and enter overbought area, indicating short-term4Hours are still short, but it will soon end and face a wave of rebound and rise. This happens to be in line with the daily schedulestoThe trend rebounded a wave. Hour lineMACDLow dead fork shrinkage bonding, flexibility indexstoQuick upward repair. The short-term hourly chart is also about to bottom out. Overall, the short-term operation strategy for crude oil today was suggested by Jinrui last week, with a focus on low and high positions as a supplement. Short term focus above65.0-65.5Frontline resistance, short-term focus below62.0-62.5Frontline support.
　　
This article is contributed by Zhou Jinrui. I interpret world economic news, analyze global investment trends, and conduct in-depth research on commodities such as crude oil, gold, silver, etc. Due to the delay in online push, the above content is personal advice. Due to the timeliness of online publishing, it is for reference only, and I bear the risk. Please indicate the source when reprinting.