Crude oil is basically a big shock. There is no pattern to such shock. We can only know its shock range. If it falls back today, we can consider the long opportunity at 69-69.2. If it rebounds directly, we can consider the short position at 71.4. There are opportunities for long and short positions in shock. So I suggest entering the market at 69-69.2, with a...
The surge in gold prices was mainly supported by factors such as the intensification of geopolitical tensions and the expectation of the Federal Reserve's third interest rate cut next week. In addition, the resumption of gold purchases by the People's Bank of China also pushed up gold prices. At the same time, geopolitics played an important role after Syrian...
Today, crude oil retreated to around 67 to form support and then rebounded. Currently, around 68 is also a good entry point. In the short term, we will first look at a small rebound. It is recommended to go long around 68, with a target of 69-69.2
Mainly driven by the resumption of gold purchases by the People's Bank of China after a six-month suspension, coupled with the market's significantly enhanced expectations for the Fed's interest rate cut next week, further boosting bullish sentiment, gold prices rose sharply on Monday. Judging from the continuous rise in the European session, the US market...
Although the data released last week was negative as expected, the gold price did not fall sharply and is still in a narrow range of fluctuations. Therefore, our short-selling strategy remains unchanged. The adjustment low of 2613 last week must be broken, and the current downward trend has not been reversed! The short-term profit-taking point can first look at...
The same goes for silver. There is not much change in strategy. It is still short at 31.4-31.5, and the target is 31-30.5
Yesterday, gold rebounded and then fell back, and the final rebound stopped at 2655. The trend is in line with our bearish expectations. As for the market break, it is a normal market! Judging from the current trend, gold lacks upward momentum at the 4-hour level. After three consecutive attempts at the 2660 position, the market fell back. This week, the market...
Crude oil rebounded strongly the day before yesterday under the stimulus of news, but the positive transmission was not much, and the rebound was not sustainable and breakthrough. In the long run, we still see a downward trend, but in the short term, supported by the news of OPEC+ extending production cuts, such a big direction has not come out so quickly, and...
Yesterday, gold opened high and then fell again. The US market fell back and the price touched the previous high of 2660, forming a short-term resistance and falling back. The daily line closed positive, but did not break through further and was still in a volatile consolidation. Today's bull watershed is at 2660, and the 2630 line below. But according to the...
Silver did not follow gold's oscillation and retreat yesterday, but broke through the pressure and moved upward. However, today's moving average began to move downward, and the idea is still to follow gold's bearish view. It is recommended to short around 31.5, with a target of 31-29.7
Yesterday, gold retreated several times around 2650-55. Starting today, major data will be released one by one. It is estimated that the current volatility is waiting for data, which may lead gold to run out of volatility. Today we continue to pay attention to the position of 2666. If this position is not broken, it will be bearish; Relative to the current...
As mentioned above, 69-69.2 is a short-term pressure point. You can go short at this pressure point today. The current volatility has limited impact on the recent fundamentals. If you want to go long first, you can try with a light position and mainly go short on rebounds. My suggestion is to go short when it rebounds to 69-69.2, with a target of 68-67
Today's pressure will focus on yesterday's high of 2651. At present, we will continue to short at this position. If you have a short position at 2640-45, you can continue to hold it. If it rebounds to around 2650, you can still increase your position and short. The target is 2630 first. Then 2610
Silver is the same as gold. Shorting can continue around 30.90, with a target of 30.30-30.
The recent game between long and short silver is very intense, and the daily and weekly lines are also going back and forth. This week's silver thinking should follow gold. Today's shorts will continue to fall, and consider short positions when it rebounds around 30.40. The target is 29.9-29.5
Gold fell as expected, but it's a pity that the high point last week was 2666. For short-term operations, 2630 is the key point of the reversal trend, which is very critical! This wave of plunge has also fallen below the 2630 trend reversal point, and the short-term strong support 2610 seems strong, but it has never been tested! Under the current situation, the...
As geopolitical risks and concerns about the trade war continue to boost demand for safe-haven assets, and as institutions participate in large-scale buying, gold prices soared to a four-day high during the Asian session on Friday. The intraday surge of $30 also led to our short losses. It is a completely unexpected market! The current upward trend continues....
Silver follows the trend of gold, so the trading ideas are the same. It is recommended to short around 30.9, with a target of 30.1-30