Fang Yuan said Jin:8.29Gold continues to see weakness, adjusting in a timely manner and losing momentum

goldTrend analysis;


On the weekly level, a small negative column with upward and downward effects was recorded last week, maintaining a continuous negative trend. Prices are operating below the average of each cycle, and their short-term average is sticking downwards and diverging. Short cycle indicators also remain downward, but their performance in terms of potential is not strong. However, overall, the weekly level is still leaning towards the bearish side.

At the daily level, it can be seen that there was no strong or significant rebound after last week's five day decline, and ultimately recorded a substantial negative trend, with the moving average of each cycle being densely suppressed1745The US dollar has formed the first short-term resistance level, with short-term indicators sticking together and maintaining a downward trend, and the overall daily trend is bearish.

　　1745The US dollar was our expected support level for last Friday's session, and after the intraday break, we promptly stopped losing and took long orders to avoid being passive in taking long after another decline. So as of today's trading, the gold price has already broken through last week's low point. In the early stage1745The support of the US dollar remains a resistance, and it is obvious that there is little possibility of a rebound at the moment.

　　1729The US dollar was at the low point of last week's session, and its three-day rebound was also based on this. After breaking through in the morning session, after several hours of correction and verification, it has been replaced by effective resistance. Once the price rebounds near this level, it can intervene in bearish trading. The first thing to look for is a downward pullback1719In the US dollar area, continue to see below the limit1712Near the US dollar, if this level is breached again, it will definitely increase the short test1700The probability of a dollar integer level.

    crude oilTrend analysis;

    US crude oil showed a fluctuating upward trend last week, with the lowest point of the week86.2, highest95.7Weekly closing on93The daily trend continues to rise,H4Shake up and close up first95.6Look again102High, expected9The monthly trend first rises and then falls, and then adjusts after a wave of exploration. This week's trading was mainly low high, with intraday support at92.8Waiting for the European and American markets to fall significantly, looking directly at the rise95.6High point. Focus on96Breakthrough situation, see if it breaks up98-100，96Not breaking the oil price will be at96-86Interval oscillation.

   Operation suggestion: rollback93Long nearby, stop loss92.4Stop surplus94-95；