Li Wanxi:7month4(Monday)Analysis of Gold and Silver Market and Suggestions for Early Operations

Li Wanxi:7month4(Monday)goldAnalysis of Silver Market and Suggestions for Early Operations

International spot gold last Friday(7month1day)Ushered in the second strong rise after Brexit, with a daily rise of nearly20The US dollar rose as high as1344.10dollar/Ounces. The significant increase in gold and silver prices last Friday was supported by a weak US dollar and expectations for further easing of monetary policy after Brexit in the UK. After experiencing the panic caused by Brexit, the market will welcome the United States again this week6The monthly non farm payroll report, minutes of the Federal Reserve meeting, and the Australian Federal Reserve's resolution are tested. Whether the US dollar index can rebound and whether gold and silver can achieve good results again depends on whether this week's non farm payroll report is still sluggish.

From the four hour chart of spot silver,MACDIn terms of indicators, the red momentum has increased in volume and shown an upward trend, with strong bulls.KDJIn terms of indicators, the moving average forms a dead cross, and the long short trend is unclear. Looking at the Bollinger Bands, the upper and middle tracks of Bollinger gradually form an upward opening shape, with a clear upward trend. Overall, the author suggests maintaining a low mindset in morning operations. There's nothing wrong with the transaction, what's wrong is that you're not prepared. How much money a person can accumulate in their lifetime does not depend on how much money they can earn, but on how they invest and manage their finances, and how they find mentors to help them. Add Li Wanxi and Weixinjs6486It's better to change money than to change money. You should know to let money work for you, not for you.

Suggestions for morning operation of spot silver:

　　1Silver4060Long nearby, stop loss30Point, look at the target4150-4180;

　　2Silver4180Short nearby, stop loss30Point, look at the target4100Near.

　　crude oilAsphalt Market Analysis and Early Operation Suggestions

UK referendum suppresses crude oil demand, last Friday(7month1day)Crude oil has fallen in volatility due to ongoing uncertainty. Some analysts suggest that if crude oil output continues to decrease, oil prices may be further boosted in the coming months. US production4Monthly decline2210000 barrels/Oh my, it's from2008year9The largest decline since the beginning of the month. Meanwhile, the US Energy Information Administration(EIA)Reported further decline in US inventories last week.

From a daily perspective, spot asphalt operates in a parallel line manner with Bollinger bands,KThe line runs below the middle track of the Bollinger belt, as shown in the attached figureMACDDouble line indicator on0The intersecting dead cross waves above the axis run, and the green kinetic energy column slowly decreases,KDJThe third line indicators are showing an upward trend. From four hoursKFrom a linear perspective: Currently, prices are operating in an upward trend, with various moving averages distributed in a staggered manner,10Day20Day60The daily moving average runs in a sticky manner, and the price is running on the Bollinger medium track with signs of breaking through the medium track and continuing to move upwards, as shown in the secondary chart indicatorMACDThe green kinetic energy column begins to shrink,KDJThe golden cross is on the rise, showing a volatile upward trend. Apart from the news of the UK's exit from Europe, there are basically no major actions. Overall, the morning trading strategy is mainly to buy long with a downward trend.

Morning operation strategy for spot asphalt:

　　1.Above asphalt4750Short selling, stop loss35Point, look at the target4680;

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　　3.Below asphalt4650Long, stop loss35Point, look at the target4730。