Shang Ruoying: Gold and asphalt are mainly produced at high altitudes Low to high as a supplement

Monday(10month17day)The prospect of the Federal Reserve raising interest rates remains a hot topic in the market, with recent good economic data and officials raising interest rates supporting the US dollar index to a seven month high. However, after the sharp rise, investors temporarily took a break on Monday to adjust their positions.crude oilOn the one hand, although the market is still concerned about the news of oil producing countries reducing production, the support these news bring to oil prices is gradually weakening, replaced by the fact of oversupply in the crude oil market. Under the pressure of oversupply, oil prices fell back and closed lower on Monday1%。

　　美元指数自七个月高位回落，上周连续大涨之后，投资者调整头寸。美元指数已经创下逾一年来的最佳双周表现，自10Since the beginning of the month, it has risen2.5%After a continuous surge, there is some downward pressure on the US dollar.

　　周一美国公布的经济数据表现中规中矩。其中市场关注的工业产出数据基本符合预期。美元上周五受到强劲美国9Supported by monthly retail sales and producer price data, these data are the latest signs of the US economy regaining momentum in the third quarter after a weak performance in the first half of the year.

　　官员言论方面，美联储副主席费希尔周一在纽约发表演讲。不过本次演讲中，费希尔并未谈及12The monthly interest rate hike did not reveal much more about the prospects of monetary policy.

　　费希尔在演讲中指出，美联储非常接近通胀和就业的双重目标，低利率令美联储政策面临更大难度。核心PCEinflation rate1.7%, approaching2%This inflation target, in the post crisis period, has helped with the recovery through Federal Reserve policies. There are points where interest rate cuts can have undue impact, operating at zero interest rates may undermine confidence, and exceeding the goal of full employment may lead to inflation. Currently, both the US and global economies lack growth.

　　市场依然热议产油国减产情况。俄罗斯能源部长称，俄罗斯准备好参与冻产，原油会谈势头向好。沙特、伊朗在会谈中表现得更加灵活，需要针对原油市场采取行动吸引投资。

　　不过产油国减产对油价的支撑逐渐减弱，市场仍然关注当前供应过剩的事实。分析师称，近来虽然油市受到石油输出国组织(OPEC)Member states may take action later next month to support expected support for oil prices, but oversupply still puts pressure on oil prices.

Organization of Petroleum Exporting Countries(OPEC)9Monthly production reaches3,36010000 barrels/On the day, a record high was set, putting pressure on oil prices.

Technical analysis:

SpotgoldOn the daily chart, after experiencing a sharp decline during the National Day holiday, it has already closed at a low level for whole day trading. The technical pressure is relatively severe, but it is still at a flat level at present. Today's opening was affected byMA10The moving average is suppressed at1255-56Small resistance, more ample space above and below the graph, referenceMA240Moving average to1235Key supports nearby, in conjunction with the attached diagramSTOThe indicator, gold price, may still have a downward trend on the existing foundation.4The hour is almost in a flat state, resistance referenceMA60Moving average1260Nearby, refer to near support1250Nearby, high-altitude operations are the main focus, while low altitude operations are secondary.

Suggestions for spot gold operations:

　　1Above1260Short nearby, stop loss1264, Objective1255-53；

　　2Below1250Long, stop loss1247, Objective1255-57；

　　3, falling below1248, rebound1252-53Short selling, stop loss56, Objective42-40；

　　宁贵沥青方面，至冻产协议达成后，近几个交易日已有企稳迹象，看波段目前价格仍处于相对高位，日线图MA10Mean Square andMA5The moving average crosses below, resistance level4840-50Nearby, while the space below is quite large, and the visibility of the space can be seen4650Nearby, but observing the recent market trend, we should not overly control the profit of short orders. Small supports still exist, and we can pay attention to them separately4750、4700Nearby, high-altitude operations are the main focus;

Suggestions for the operation of Ninggui asphalt:

　　1Above4840-50Short selling, breaking4880Stop loss, target4780-60；

　　2Below4750Buy long, break4700rebound4720Stop loss, target4800Nearby is sufficient;

　　3Recently hung up4650Multiple orders, stop loss40Point80Points

Today's Key Financial Data and Events2016year10month18day Tuesday

　　① 08:30 The Reserve Bank of Australia announces10Monthly Monetary Policy Meeting Minutes

　　② 16:30 britain9monthCPIMonthly rate, UK9Monthly retail sales price index monthly rate

　　③ 20:30 U.S.A9After adjusting the roseCPIMonthly rate

　　④ 22:00 U.S.A10monthNAHBReal Estate Market Index

　　⑤ The next day04:30 From the United States to10month14Day and WeekAPICrude oil inventory

       Author: Shang Ruoying     authority:shangry666