1.25Late review,EIAWhat will happen to the silver market after the oil market storms again on that night?

Ordinary people are lost in the present, regretting the past, saints are awakened in the present, and liberated in the future. A journey of a thousand miles begins with a single step. The greatest fear in life is knowing that one is still lost, knowing that the worst is still within the worst. A good mindset is not the excitement after picking up a hundred yuan bill, but the powerful rebound after vulgarity.

Wednesday morning05:30PublishedAPIData shows that the United States1month20Day and WeekAPIcrude oilInventory increase29310000 barrels to4.822Billion barrels, the previous value and expected value have decreased respectively500Ten thousand barrels and increase272.4Ten thousand barrels. After the data was released, oil prices fell in the short term.

Over the past month, the market has been continuously waitingOPECMore progress reports on the implementation of production reduction agreements with other major oil producing countries starting from the new year, with oil prices slightly higher during the same period50dollar/The level of the bucket continues to hover.OPECThe reduction in production agreed upon by member states is approximately equal to the global production1%However, its commitment still has uncertainty.

last weekendOPECIndicating that the institution and other signatory countries of the production reduction agreement have successfully reduced15010000 barrels/Daily production, approximately equal to its promised reduction in output80%Yue Ying believes that it is difficult for oil prices to rise unless there are signs that the US crude oil production momentum is weakening. Especially, last Friday Baker Hughes reported a sharp increase in active crude oil drilling in the United States, which makes it difficult to overly bullish on crude oil prices.

However, this conflicted market sentiment may persist tonightEIABroken, if at nightEIAThe weekly crude oil report shows a decrease in US crude oil production or a reduction in US crude oil inventories, which means that the surge in crude oil drilling numbers will not have a significant impact on production in the short term. At that time, oil bulls are likely to wait for the opportunity to enter the market. However, once the data is unfavorable for oil prices, the market will once again be shrouded in a shadow.

--Technical analysis of crude oil:

Yesterday, American crude oil closed with a small bullish candlestick with a shadow. The highest increase above oil prices53.56The lowest point below is located52.67Short term trading in high volatility, pay attention to directional choices after convergence. Moderate trading in the intraday Asian market. Returning to a warm and upward trend, it was suppressed during the European trading session,53The US dollar once again faces a choice, so I haven't looked around53.5The first line is the short-term pressure line, and the support below is conservative240minutegoldDivision line23.6[%]（52.6-52.1）The US dollar.

From the four hour trend chart, it can be seen that oil prices are rising daily53.5The US dollar has become a key resistance for the day, and if it can break through, it is expected to look ahead54Above the US dollar, there is a gap in the gap52.8Near the US dollar as a key support, further looking towards the middle band of the Bollinger Bands below52.1Near the US dollar. From the perspective of indicators,KAfter touching the upper track, the line fell back, as shown in the attached pictureMACDThe indicator's speed line is still rising, but it has slowed down, and the red momentum column is shrinking. Overall, there is a downward risk in oil prices in the short term, so it is important to pay close attention to it52.1-52.3The US dollar is supported on the front line, and in terms of operation, it is recommended to sell high and sell low within the range. Focus on the evening23:30crude oilEIAInventory data!

Suggestions for US crude oil operations:

1Suggestion above53.4-53.3Short position in USD first-line operation, default stop loss, target52.6nearby

2Suggestion below52.2-52.3Multiple orders in USD first-line operation, default stop loss, target53.1nearby

--Suggestion for Silver Operation:

Yesterday, synchronous gold fell back, and the daily chart still closed at17Above the front line, silver attempted to break through the previous high point in late trading yesterday17.3After the first line, it was blocked and fell back, and the short-term trend fell into a bearish trend. The four hour line fell below the middle band of the Bollinger Bands, and the hourly Bollinger Bands opened downwards, showing signs of further decline. Pay attention to the range for intraday operations16.7-17.1At present, the market is in a consolidation at the top. If it continues to decline, Yueying believes that there is a possibility of a short-term trend of building a top.

Yesterday's spot silver market did not continue the upward trend of the previous day, as stated in early trading17.271The market began to fall under pressure after reaching its position, and reached its lowest point during the US trading session16.998The market began to consolidate after the position was reached, and the daily closing line was finally reached17.071After reaching a certain position, the market will end with a long bearish candlestick, and after this pattern ends, the daily chart will be bearish and bullish. In terms of operation, it is recommended to focus on selling at high positions.

Suggestion for Silver Operation:

1Suggestion above17.05-17.10Short position in USD first-line operation, default stop loss, target16.85nearby

2Suggestion below16.70-16.75USD increases in batches on the front line, default stop loss, target17.00nearby

In Yue Ying's view, no matter what product is being traded in the spot market, the volatility is not small, and frequent long and short switching inevitably carries trading risks. Some friends who invest are happy while others are worried. They are happy because they have seized the market trend, while they are worried about the losses in hedging. I hope you don't immerse yourself in a state of profit or loss, which is not conducive to your next trade. Maintaining a positive and optimistic attitude is the most important thing. For friends who always buy against the market trend, it is because they do not have a good understanding and analysis of the market. What you need is a professional guidance teacher to work together to help you analyze the market and recover losses.

writing/Yue Ying Talks about Gold   Wei/IM-01210212