Xiao Yufan:7.31Early review Analysis of the Gold, Crude Oil, and Silver Market and Operational Suggestions

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Last Friday（7month28In the evening, it climbed to a six week high due to lower than expected US inflation, cooling expectations for a Fed rate hike. In addition, North Korea launched a ballistic prank late at night, triggering safe haven buying and hitting intraday levels6month14The highest in recent days1270.38The US dollar rose for the third consecutive week last week. This week, there will be the latest interest rate resolutions from the Federal Reserve of Australia and the Bank of England, as well as the heavyweight data from the non-farm payroll report, which is expected to cause another bloody storm in the market. Although there is a lot of market data this week, the market is particularly concerned about the US non farm payroll report, and whether the US dollar can take this opportunity to turn around. In addition, non-agricultural activities are coming soon this week, please prepare in advance! Friday(8month4day)U.S.A7The non farm employment population after the seasonal adjustment is about to be announced, and the market expectation is1810000 people, the former value is22.2Ten thousand people. At present, the most important thing that the market should pay attention to is whether the number of non-agricultural employment will increase from22.2If the number of people decreases, and the non-agricultural data decreases, it will have an impact on the current situationgoldPrice brings support. Of course, if the non farm data is better than expected, the US dollar index will rebound as scheduled, and gold prices will fall under pressure.
　　
Gold Technology Analysis:

　　

Gold has been running near the Bollinger orbit on the daily line and has been briefly suppressed by the upper orbit, as shown in the attached imageMACDMarket indicators show that gold currently has strong upward momentum due to North Korea's launch of missiles`The impact on Japanese territory has led to an increase in gold's risk aversion sentiment. Currently, the two countries are still in negotiations on this matter. If the negotiations between the two countries fail in the future, gold will once again usher in a new bull market. from4On the hourly chart, the price is starting to decline from the Bollinger Bands on the upper rail line, supported by the middle rail line. Currently, it is running between the middle and upper rails of the Bollinger Bands,MA5The daily moving average has a strong turn downwards10The daily moving average currently shows signs of adhesion, and the Bollinger Bands continue to maintain an expanding trend. The market indicators are moving upwards with a golden cross between the fast and slow lines,MACDThe red kinetic energy column is increasing again, with the opening of the Bollinger Bands on the hourly line,5Daily moving average and10Daily moving average double line upward,KThe line is located on the Bollinger Belt track,MACDThe red kinetic energy column is increasing in volume, with both fast and slow lines moving upwards,STOThe double line is about to cross downwards, and there is a demand for a pullback in the short term, but the trend remains bullish. In summary, Xiao Yufan suggests that early morning operations should focus on the lower part and the higher part should pay attention to pressure1275Follow support below1265Focus on today's opening situation.
　　
Morning gold trading suggestion: callback1265Multiple orders nearby, stop loss4Points, target1277First line, break through and hold.
　　
Silver Technology Analysis:
　　
The current price of silver is still on an upward trend, with the low point continuously rising and the high point breaking through new highs. The bullish trend will undoubtedly continue. At present, the downward trend line of silver's short-term closing has been suppressed by the previous high point. If it can break through and stabilize this week, the space above will be opened up again to welcome a new pattern. At present, silver prices are running near the upper track of the Bollinger Bands, and there is a trend of upward discovery in the third line of the Bollinger Bands. Silver prices are expected to continue to break new highs in the future. Silver will pay attention to the first pressure level above next week16.9Nearby, look at the second pressure level17.5First line. The support below is located16.5Nearby. In the morning trading, Xiao Yufan suggested falling back and continuing to go long.
　　
Morning silver operation suggestion: fall back to16.6Multiple orders entering nearby, stop loss0.4Points, target17.4, take a break to see17.8。
　　
　　crude oilMessage surface parsing:
　　
Due toOPECThe benefits of the St. Petersburg meeting are still fermenting, coupled with news that US shale oil producers are starting to reduce capital expenditures and crude oilAPIandEIAInventory data has significantly decreased, supported by a weakening US dollar, and the United StatesWTIBoth crude oil and Brent crude oil achieved their largest weekly gains of the year last week. Last week, US crude oil rose for five consecutive days, with weekly gains8.86%. Last Wednesday's data showed that US crude oil inventories decreased more than expected, and Saudi Arabia will8The signs of further production cuts and favorable factors such as strikes in Venezuela have boosted the oil market. At the same time, gasoline inventories have significantly decreased, enhancing the market's strong confidence in the demand for fuel during the peak summer driving season in North America. Meanwhile,OPECThe top oil producing country, Saudi Arabia, announced last week that it will further pressure countries that are not conducive to reducing production. However, it is worth mentioning that the number of drilling platforms in the United States has continued to rise in recent days. althoughOPECThe crude oil production path remains uncertain, but the recently released oil market fundamentals data performed better than our expectations. If this trend continues, it will help the global oil market achieve inventory normalization early next year.
　　
Technical analysis of crude oil:

　　

From the daily chart of crude oil, it can be seen that last week, crude oil had five consecutive bullish days, and the moving average system showed a bullish pattern, with the Bollinger Bands opening upwards,KThe line has already broken through the Bollinger Bands and is running upwards. From the current trend, the upward momentum of crude oil is still continuing without any signs of falling, so in the short term, crude oil is still bullish,4On the hourly chart, the Bollinger Bands show an expanding trend, and prices show signs of breaking through the upper line of the Bollinger Bands under the current upward momentum,MA5The daily moving average continues to rise10The daily moving average forms a golden cross and continuously diverges upwards, with each cycle's moving average showing a bullish trend,KThe line runs directly on5，10Above the daily moving average, the fast and slow lines on the attached indicators are rising on both tracks,MACDThe red kinetic energy column is increasing again; On the hourly chart, the Bollinger Bands show an expanding trend, with prices breaking through the pressure on the upper line of the Bollinger Bands and running above the upper track,MA5The daily moving average diverges upwards and continuously crosses upwards10The daily moving average forms a golden cross and moves upwards, while the fast and slow lines on the attached indicators move upwards. The red kinetic energy column begins to increase in volume. Pay attention to the first pressure level above50.28, Second pressure level51.98Follow the first support below48.6The second support is47.7On the front line, Xiao Yufan suggests buying long on dips when trading in the morning.
　　
Morning crude oil operation suggestion: callback49.5Multiple orders nearby, stop loss0.4, Objective50.4First line, break through and hold.
　　Text: Xiao Yufan Author's Innovationxyf9996