Yu Yue on Jin:11.8Gold repair accumulates strength to attack,1663Make more progress!

　　goldLatest market analysis:



Analysis of Gold News: Tuesday（11month8During the Asian session, spot gold fluctuated in a narrow range and is currently trading in1672.83dollar/Near the ounce, although the overnight US dollar index fell, it was more of a profit taking by long positions in the US dollar, which did not provide further upward momentum for gold prices. Moreover, the continued rise in US bond yields continued to increase the opportunity cost of holding gold. Analysts said Monday's sell-off in US Treasuries may be due to "Powell's speech continuing to ferment and look ahead to the futureCPIThe dual effect of feeling nervous Boosted by the weakening US dollar, gold prices remained stable and rebounded. This week, the focus will be on US inflation data, which may affect the scale of the Federal Reserve's interest rate hike. Tuesday's midterm elections may give the Republican Party control of Congress, which could be detrimental to the governance of Democratic President Biden. Multiple public opinion surveys and public confidence surveys have shown that pessimism surrounding economic issues is driving voters in this direction. Relatively speaking, it may increase the risk of a US economic recession and suppress the US dollar, potentially providing some upward momentum for gold prices. Overall, there is a strong wait-and-see sentiment in the short-term market. The focus of this trading day is the US midterm elections, which are expected to provide some upward momentum for gold prices. Gold prices are prone to rise but difficult to fall, but considering that the US will also welcome them this weekCPIData, can gold prices break through1687.90The nearby resistance remains to be observed, and the possibility of narrow amplitude oscillation cannot be ruled out at present. In addition, according to convention, one week after the Fed's decision, Fed officials will deliver speeches one after another, which investors need to pay attention to. Currently, the market expects officials to strengthen their efforts12The expectation of slowing interest rate hikes in the month also slightly leans towards supporting gold prices.



From a technical perspective, gold, Gold remained stable at a high level yesterday and closed with a rebound1666.70After stabilizing the first line, touch up the second time1681.68High, daily closing small negative crossKLine, receiving cross after the large Yin lineKLine, current crossKThe line is a common correction technique in high-volume markets, as long as there is no rebound in the closing trend. After partial consolidation and revision, we are still optimistic about further increases. The correction is aimed at driving the indicators upwards. Currently, the short-term moving average has slowly turned around to form support, once it stands on the right side60The daily moving average, in the short term, will move towards1700The area is close. After yesterday's cross sorting, pay attention to the competition today and tomorrow1683On a high point, standing firm will further expand and open up space.4The hourly chart is still in a correction pattern of rebounding waves. Yesterday's pullback space was relatively small and belongs to a strong correction technique, using a sideways trend instead of a pullback. Today, we still need to pay attention to this rhythm. As long as there is no significant pullback, the strong will continue, and the strong will not be deeply adjusted, and the deep adjustment will not be strong. First touched yesterday1666Support is formed nearby and maintained in the short term1666Continue to look bullish above, combined with the intraday shape, and continue to see the surge after stabilizing.1Houtu Bling Road begins to close, and the short term may fall into consolidation and accumulation. As long as there is no trend of rising and closing low, maintain a low and high mentality in the short term without changing. In summary, it is recommended to focus on a pullback to the low end and a rebound to the high end as a supplement for gold's operation strategy today. The above focus should be on1685-1690Frontline resistance, short-term focus below1660-1655Frontline support.



　　crude oilLatest market analysis:



Analysis of crude oil message surface:11month8At the beginning of the Asian market on Tuesday, American Oil Trading Co., Ltd92dollar/Near the barrel; Oil prices hit their highest level in more than two months on Monday before taking back gains, and the slowdown in epidemic restrictions boosted oil prices; Asian powers10Monthly crude oil imports rebounded to5The highest level since the beginning of the month. The US dollar index fell on Monday, and the pound was supported by the emergence of risk taking sentiment and the rebound in European stocks, which provided support for oil prices. The US dollar index fell on Monday, and the pound was supported by the emergence of risk taking sentiment and the rebound in European stocks, which provided support for oil prices. Analysts say that Monday's decline in the US dollar is more likely due to position adjustments. I think there are really many dollar bulls in the market, and now they are just taking profits. This is the reason behind today's trend. A survey released on Monday showed that the eurozone11Investor morale improved in the month, marking the first increase in three months, reflecting investors' hope that recent temperature increases and energy price declines will prevent Europe from implementing natural gas rationing this winter. Market analysts say: "The likelihood of Republicans controlling the House of Representatives or Senate is very high, so there will definitely be some form of deadlock in the coming years. This may make tax increases a bubble, and any large-scale spending that may be seen as causing inflation a bubble." Overall, the decline in the US dollar provides strong support for a return to the upward trend of oil prices, concerns about the pandemic slow down, and major Asian countries10Monthly crude oil imports rebounded to5The highest level since the beginning of the month further boosted oil prices, maintaining bullish views, and keeping an eye on it for the dayAPIInventory data.



From a technical perspective, crude oil continued to rise slightly yesterday, reaching its previous high point93.70There has been some suppression in the area, and the final market has been retracted92.0Nearby. Daily collection of Xiaoyang with upper shadow lineKLine. The current structure of the daily line is still oscillatory. There is no strong one side. Belonging to the neutral value competition between rebound and reversal.4The hour chart has a negative line that rises and falls, exacerbating the frequency of short-term fluctuations. The current structure is currently operating above the upward trend line, with a step like oscillation rebound, but it is not extremely strong on one side. The method of organizing and correcting while rebounding also intensifies the magnitude of the washing. Step by step, turn back, and then slowly shake up the walking method. The upward trend line below is the short-term long short critical point. Hold onto the trend line and be bullish first, and adjust your thinking in a timely manner if you break below. This high-frequency fluctuating saw saw saw market, with frequent long short switching, requires timely adjustments based on intraday patterns. Overall, the short-term operation strategy for crude oil today is suggested to focus on a pullback to the low end, supplemented by a rebound to the high end, with a focus on short-term operations above93.2-93.7Frontline resistance, short-term focus below90.0-89.5Frontline support.