Fei Yifei: The US minutes are coming with a heavy weight, can gold break through1350

Fei Yifei: The minutes of the United States are coming with a heavy weight,goldCan we break through1350
　　
Today's Key Financial Data and Events
　　
　　2016year8month15Day Monday
　　
(Italy is closed for the Assumption Day and South Korea is closed for one day due to the Day of Liberation)
　　
　　①20:30U.S.A8New York Fed Manufacturing Index for the Month
　　
　　②22:00U.S.A8monthNAHBReal Estate Market Index
　　
Although gold prices fell in Friday's trading, Fei Yifei is still optimistic about the market's prospects in the coming weeks. Follow Wei-Xin Gong-end-number-Fei Yifei or（Q：Q：2930-550-190Group:166-029-930Group entry required:fyf）Wei-letterfyfai8. Many investors, especially beginners, do not pay attention to the seasonal changes in gold prices. In fact, a series of seasonal factors, including the Indian wedding season, result in a relatively fixed pattern of changes in gold prices. The golden season of nine gold and ten silver is rapidly approaching, and in the vacuum period where the Federal Reserve has yet to raise interest rates, the strong physical demand may also drive a rebound in gold prices. Last week, the gold market faced a series of economic data tests from the United States. Although gold has temporarily gained support, its trend remains unstable, and both bulls and bears are still engaged in a tug of war. The market needs to further clarify information in order to break the current anxious situation. The minutes of this week's Federal Reserve meeting will receive high attention from the market. In addition, senior Federal Reserve officials such as Lockhart and Williams will also deliver speeches, from which the market will interpret clues about the outlook for interest rates.
　　
Announced by the United States7Monthly retail sales unexpectedly remained unchanged, and7Monthly Producer Price Index(PPI)It also unexpectedly declined, leading to market sentiment towards the Federal Reserve(FED)The expectation of interest rate hikes in the coming months is expected to decline, and the so-called "terrorist data" released by the United States last Friday evening7The monthly retail sales rate recorded zero growth, which was lower than market expectations. The financial market was volatile, with the US dollar diving and gold and silver rising simultaneously. Non US currencies generally saw short-term gains. Last Friday, the daily chart was bearish, with a trend of rising and falling, with bulls charging forward1350Above, but ultimately did not break through, although last Friday's US market session started from1340Nearby skyrocketed to1355Nearby, but during the closing hours of the US market, it also fell back to1340Below and closing at1334Nearby, the daily chart has a bearish candlestick with a long upward shadow, and it can be seen that there has not been good support in the short term below. Fei Yifei predicts that the market may weaken within the day and will try again1330The checkpoint, while the resistance range above is still1350-1360Interval. As long as the price of gold can remain stable1300Above the US dollar level, the upward trend will not easily change. From the technical chart, it can be seen that the triangle area of the gold price daily line continues to converge in the near future, indicating that there will be a breaking trend in the future, and gold is still bullish in the medium and short term.
　　
Technical aspect:
　　
On the weekly chart of spot gold, the price of gold receives a positive cross star, and the Bollinger Bands open upwards. The price of gold moves below the upper track of the Bollinger Bands, which is hindered,MACDThe red kinetic energy weakens, and the fast and slow lines intersect to run at0Above the axis. From a short-term perspective, the moving average system revolves aroundkSurrounding development by lines,KDJDivergence downwards, attached imageMACDDouble line downward extension enhances green kinetic energy; In the short term, it is expected that gold prices will continue to maintain a volatile trend;4From the hourly chart, it can be seen that the gold price experienced an exciting roller coaster ride last Friday. Currently, the gold price is operating below the moving average system,KDJDivergence downwards, attached imageMACDDouble line hook downward, weak green kinetic energy; Overall, the intraday gold price trend of Fei Yifei is expected to remain volatile, with a focus on retracement and long positions in operation.
　　
　　crude oil(Ninggui Asphalt) has been affected by recent developments in Venezuela, Ecuador, and Kuwait, includingOPECMember countries, when oil prices drop to40Near the US dollar threshold, there was a renewed call for a freeze in crude oil production, which provided some support for oil prices. However, last Thursday(8month11day)The statement of the Saudi Energy Minister has further promoted short covering and provided strong momentum for oil prices. From a technical perspective, in terms of crude oil, the three tracks of the Bollinger Belt follow a gentle and arranged trend,KLine breakthrough, track suppression, above45The suppression of the US dollar is currently in progress44Above the US dollar,MACDThe indicator is below the zero axis, with a golden cross pointing upwards, and the red kinetic energy column is increasing in volume,RSIThe indicators cross and diverge upwards,KDJThe indicators cross and diverge upwards.4Looking at the hourly chart, there are obvious signs of opening in the Bollinger Belt, with the upper and middle tracks pointing upwards and the lower tracks pointing downwards,KThe line runs upwards along the Bollinger Belt and is tightly pressed upwards45Da Guan, under its strong suppression,MACDAbove the zero axis of the indicator, with a golden cross pointing upwards, the red kinetic energy column releases energy,KDJThe indicators may run upwards or have a tendency to converge. There are signs of an increase in current crude oil prices, and in terms of operation, the intraday fee of one Philippine dollar should be treated with a more low approach.
　　
Spot gold trading at single point:
　　
　　1、1335Long near the front line, stop loss1331Nearby, look up1348-1350frontline
　　
　　2、1352-1354Frontline entry empty orders, stop loss1357Take a look below1342-1340frontline
　　
Single point production of crude oil (Ninggui asphalt):
　　
　　1Above4380-4400Short on the front line, stop loss4430Look at the target below4300-4280frontline;
　　
　　2Below4200-4180Long on the front line, stop loss4150On the target4260-4280frontline;
　　
　　3If it falls below4100Short nearby, stop loss4155Look at the target below4050-4030-4000frontline.
　　
　　(There are differences in pricing depending on the platform, please refer to Ninggui Asphalt for specific locations)
　　
Disclaimer: The above content was written by analyst Fei Yifei,The content of the article is for reference only. Investment carries risks,Investors operate with caution,At one's own risk!Please indicate the source for reprinting.