Yu Yue on Jin:7.11Strategic Analysis of the Evening Market Trend of Gold and Crude Oil and the Latest Solution...

　goldLatest Market Analysis


Technical analysis of gold: The gold daily chart recorded a longer shadow line and a smaller positive line, with a smaller positive line recorded in the past two trading daysKThe bottom range of the short line is narrow and organized, while the daily moving average shows a relatively regular downward divergence and a bearish arrangement. The consolidation of the low range of the short line will further exacerbate the technical indicator pattern of the bearish daily line. The hourly chart shows that the short-term low volatility of gold prices further intensifies the consolidation and narrowing pattern of the hourly chart. Currently, the gold price is forming a consolidation trend around the technical indicators of the hourly chart, and the short-term trend does not reflect a clear bullish or bearish direction reference, maintaining a slightly volatile trend. During the day, pay attention to the hour chart above and below the overall range1730The nearby support, if it falls below the decline of gold, will continue. And if the resistance of consolidation above1750If you are able to cross, be cautious of the impact of short covering on gold.



Gold is currently showing a clear downward trend, with the top1750The pressure is very obvious, and multiple attempts to break through the rebound have been unsuccessful! Although it rebounded on Friday, it fell back to its current range of fluctuations after encountering obstacles!4The hourly consecutive bearish decline hit a new low, with a slight pause last Friday and a partial contraction correction. The strength of the correction is determined by the rebound space. The rebound space is small, and horizontal consolidation correction is used instead of rebound, which belongs to the weak correction approach. The future market still looks to further decline, and it remains silent until a stop in the decline is formed. gold4On a hourly basis, it was still a bearish decline,kThe line remains running below the moving average and can now be seen4The hourly moving average has moved down to the consolidation pressure position,kThe intersection point between the line and the moving average is often the beginning of another decline in the band! Early market support1750The pressure rebounds and you can continue to short, break through the level1730Afterwards, it will fall to1700First line! In summary, it is recommended that today's gold trading strategy focus on rebounding at high altitudes, supplemented by a pullback at low levels, with short-term attention from above1750-1755Frontline resistance, short-term focus below1725-1720Frontline support.



　　crude oilLatest Market Analysis


Technical analysis of crude oil: Crude oil initially suppressed and then rebounded last week. The weekly chart is bearish but has a longer upper shadow, approaching the low point of the neckline after falling back, and it is also the lower track of the weekly chart. Supported by the downward trend, it rebounded and closed higher, closing at104.0Nearby. The closing position was neutral, while the neckline remained unchanged. The weekly oscillation pattern has not changed and remains at a high level with a wide range of fluctuations. The future market93.0-95.0The neckline is a mid range long air defense. After the daily double yin dip, combined with the double yang rebound to recover, the unilateral strength in some areas is insufficient, with a mainly oscillating rhythm. crude oil4The hour formed a small-scale downward trend and rebounded, holding the low point and moving towards a second rebound to push it higher. There was a sustained upward trend in some areas, and some lost land was recovered, indicating that it still cannot move unilaterally in the short term.1The small steps in the hour chart oscillate and rebound, hold on101.50The low point has rebounded twice. At the beginning of the week, we continued to watch the seesaw oscillation, and the hourly chart tended to rise first and then fall. Continue the previous rebound and then seek resistance conversion to retrace. Overall, it is recommended that the short-term operation strategy for crude oil today should focus on a pullback with a lower bullish trend and a rebound with a higher bullish trend as a supplement, with a focus on short-term operations above105-106Frontline resistance, short-term focus below99-100Frontline support