Zhang Yiqiao:10month21There is another major positive trend in the day, and silver will have great potential?

　　Zhang Yiqiao:10month21There is another major positive trend in the day, and silver will have great potential?

　　goldAt the end of Thursday, three consecutive gains turned into a slight decline, with a short-term sharp decline and the lowest point in the US market dropping to1264. On Thursday, the European Central Bank announced that its interest rate decision remained unchanged and its previous asset purchase plan remained unchanged. The euro plummeted by a hundred points, the US dollar strengthened, and gold and silver weakened as a result. However, the European Central Bank's maintenance of low interest rates still supports gold, but gold still bears some pressure to raise interest rates. However, recent data shows that demand for physical gold in Asia is beginning to recover. The People's Bank of China announced on Wednesday that as of10month1The Bank of Japan's gold reserves have increased5Tons, Russian central bank announced on Thursday that bank gold reserves are due to expire10month1Day is1543Tons, higher than last month's1527Tons, India's physical demand has also started to recover synchronously, and the recovery of physical demand will become another supporting factor for the rise of precious metals.


On the Xirui Silver Technology chart, after a brief continuation of yesterday's weak sentiment, the Asian market has received significant support in the recent low volatility range. On the basis of the rebound in physical demand, the downward space for silver prices may be limited,4Still in the hour chart3570reach3650Interval oscillation with no clear direction, if breaking through upwards3650In the short term, the weak and volatile market will come to an endzhyq505It is expected that silver prices will show a rebound trend during the European market period.


Xirui Silver European Operation Strategy:


　　1Callback3570Long nearby, stop loss3540, Objective3600reach3610


　　2Rebound3630Short nearby, stop loss3660, Objective3600


　　3If it falls back again afterwards3600Frontline, multiple orders intervene again, goal3640reach3650After breaking through, it can continue to be held


Author: Zhang Yiqiao