Yue Ying Talks about Gold:2.29Early review, analysis of gold and silver trends, and recommendations for crude oil operations

Message surface:
The recent trend of oil prices mainly depends on the implementation of OPEC's production reduction agreement in the coming months5month25Will the OPEC formal meeting in Japan decide to extend production cuts, and will the United Statescrude oilThe rate of increase in production.


OPEC's compliance with the agreement this time has been the best in history, surprising the market, while the oil producing countries with the most severe delays, the United Arab Emirates and Iraq, have also promised to catch up and achieve their reduction targets. Although OPEC Secretary General Balgin believes that non OPEC countries face some challenges in monitoring production cuts, Russian Energy Minister Novak stated that OPEC and non OPEC countries1The completion rate of production reduction in the month is86%。

Monday Federal Reserve2017The annual vote committee and Dallas Chairman Kaplan delivered a more hawkish speech, stating that the Federal Reserve's interest rate hike should be done sooner rather than later, as monetary policy is too loose. Philadelphia Fed Chairman Huck also stated on Monday that a rate hike in March is still possible. Currently, investors are waiting for a speech by US President Trump in Congress on Tuesday regarding tax cuts, infrastructure, import tariffs, and foreign policy.


The content that Trump will disclose will have an impact ongoldIt is important that if he announces a clear fiscal easing policy, it will increase inflation and drive investors into gold. However, the adjustment of border taxes, also known as import taxes, may push up the US dollar, which is unfavorable for gold. The entire field of foreign policy is filled with political uncertainty, which is beneficial for gold. Analysts also predict that the atmosphere will be tense before the elections in the Netherlands, France, and Germany, which will support gold prices this year


Analysis of the US crude oil market:


The downward trend after the US market was relatively slow, but the trend signal was also quite obvious. At the daily level, crude oil ultimately closed at54.2Below the US dollar, it is still not a bullish signal. The prolonged volatility has not stabilized at a high level, indicating that the trend of crude oil has begun to weaken.


cooperate5The trend of the daily moving average gradually starts to turn downwards after moving upwards, and in the short term, crude oil operations will continue to be mainly bearish. In fact, the recent fluctuations in the crude oil market have been quite random, mainly in the time period. The Asian market is volatile, while the European market is heading out, and the US market is fluctuating in the opposite direction. Therefore, it is important to pay attention to the timing of crude oil operations and wait for the US market to stabilize.



At the hour level, the continuous yin drops at midnight, and the suppression point being monitored above is still54.2USD, let's take a look below first54Supported by the US dollar, and opened early with54The US dollar, supported by a volatile rise, is operating in a downward trend5Daily moving average and10Between daily moving averages, such a trend is difficult to continue falling in the short term.


Overall, crude oil is expected to rebound or fluctuate in the short term, with a low level determined at54The idea for the intraday crude oil market is to explore the volatility of the US dollar54.2The suppression of the US dollar, and then looking for a pullback or breakthrough54.2The US dollar then rose directly, and the current market is in54-54.2The USD range fluctuates, so please focus on it for now54.2Breakthrough of the US dollar!


Suggestions for US crude oil operations:


1If54.2If the US dollar breaks through, then54-54.2Long in the US dollar range with default stop loss, targeting54.5USD, break through and continue to look up55dollar;


2In the mid-term of the Asian and European markets54.2If the US dollar cannot break through, then the European market can choose to short,54It would be even better if the US dollar breaks through, but as mentioned earlier, the recent trend of the US market is often opposite to that of the European market. Therefore, we are mainly bullish. The current market is just beginning, so everyone should focus on the current situation, and we will analyze the future market based on the real-time situation.


Analysis of spot gold market:


Gold was repeatedly tested yesterday1253During the process of the US dollar's rise, the strength of its decline was somewhat unsatisfactory. The midnight market surged and broke the intraday high1263After the US dollar fell in consecutive negative days, it once again hit a new intraday low1250The US dollar has hit the bullish defensive level that was closely watched yesterday, and gold has opened its range at midnight, so today's market is easy to do.


In the daily level, I was also optimistic about the upper level yesterday240Daily moving average and Bollinger Bands on track1260The suppression of the US dollar is not optimistic about how much it will rise, but it is also unexpected that it will rise and fall. In the end, the daily chart will charge a bearish candlestick,5Daily moving average and 10The daily moving average is still moving upwards, indicating that today's market trend will be below the probing level5Daily moving average1248-1249After the US dollar rebounds, the main trend is still bullish.



In the hourly level, midnight is considered as a rise and fall. Although it rises, it ultimately falls back. As the morning opening approaches, there is a slight bullish rebound with little force, indicating a downward trend. Please continue to pay attention below1250 The support of the US dollar. Overall, the current thinking of gold is still weak, so we will focus on it for the day1250The support of the US dollar, viewed from above1258-1260The suppression of the US dollar, with increasingly clear intraday operations, suggests mainly short selling through rebound!


Suggestions for spot gold operations:
1Follow below1250The support level of the US dollar, do not break long, with default stop loss, looking at the target1258Near USD;
2Above1258-1260Short selling with minimum stop loss, looking below the target1252-1250USD.


Analysis of spot silver market:


Silver follows the trend of gold, rising and falling at midnight, reaching the long-term target level18.5After the US dollar fell, the Bollinger Bands opened up and ran upwards,5Daily moving average and10The daily moving average is still in an upward trend, so silver is still bullish on the trend, and the support below the day is still focused on18-18.1The US dollar is bullish with a pullback in operation, while Silver's advice is to act decisively if given an opportunity, and wait if not given an opportunity.


Suggestions for spot silver operation:
1Callback18-18.1Long in US dollars with default stop loss, targeting18.5-18.6USD.

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

The author Yue Yinghuajin is a financial investment analyst who has been engaged in the financial industry for many years, researching international situations and hot events. The financial field is vast and profound, with daily market fluctuations. All I can do is use my years of research experience to help everyone.

This exchange is currently the only legally engaged in gold and silver trading in China, approved by the State CouncilTDThe national level platform for trading is the Shanghai Gold Exchange, with platform silver3.2Capital return1Kgit needs only536, lever7.5-8Double, micro gold0.2Repayment,1KgMargin requirement30030The leverage is9-10Times. Low leverage, controllable risk, and very safe funds. For more details, please consult Yueying herself.