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Golden Tiger: The minutes of the meeting are approaching, gold continues to be strong, the Middle East talks have been successful, and oil prices have taken a sharp turn

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金老虎 joined discussion · Aug 20 03:30
  Golden Tiger: The minutes of the meeting are approaching, gold continues to be strong, the Middle East talks have been successful, and oil prices have taken a sharp turn

  Gold: Yesterday, the overall price of gold also followed the “V” pattern. Looking at the short-term pattern, gold is continuing in the “M” pattern. The short-term upward trend is supported in the 2490 range. Today, gold can only see the continuation of bears if it breaks yesterday's low of 2486 and the 2490 range supported by the upward trend. Otherwise, the overall price of gold is still in a bullish pattern. Currently, the upward pressure is in the 2511 range. Today, only when gold breaks 2511 can we see bulls continue in the triangular zone. Room arrangement;
Golden Tiger: The minutes of the meeting are approaching, gold continues to be strong, the Middle East talks have been successful, and oil prices have taken a s...

  Looking closely at the hourly level, we saw that yesterday's opening rebound to 2509 continued to fall, and the rebound to the 2508 position above began to stop falling and fluctuated. If the market market were to continue to rise, yesterday gold should break the position of 2511 above trend pressure, but it did not break. Instead, the high point continued to move downward, indicating that the overall gold price still has a strong backlash demand. Today, we are focusing on the two key positions of the golden hour level, 2486 and 2490. If the market breaks down, the gold bears will continue. Looking at the moving average, the overall gold price is running in the 5-day and 10-day EMA range, and the BOLL is flat on the third line. However, there are many or no changes. Currently, the overall price is running in the BOLL mid-band 2,500 range. Today, as long as the gold price breaks the upward trend pressure range of 2511, then the gold price will continue to rise to the two key positions of 2518 and 2524. If the gold price rebounds strongly to the upper 2533-2535 range, you can go short one by one. If the target is 25-25 2525; Looking at hourly technical indicators, the overall pattern of MACD and KDJ continues to turn the corner, so today's operation requires a wave of backtracking from the hourly level;

  Gold operation strategy

  It is recommended that today's gold fall to the 2478-2480 range to meet support. You can do a short-term lot, stop loss 2468, and the target is 2490-2490; if you don't encounter support in the 2478-2480 range, it is recommended to be short and close to 2464-2466. The target is 2473-2475; if gold does not rebound directly and strongly to the upper 2533-2535 range, the target is 2523-2525; (Strategy suggestions are for reference only, profit and loss, and strict risk control. , set stop loss and target positions to prevent carrying orders)

  Crude oil: Oil prices climbed back to 75.63 yesterday, forming a decline. The lowest point during the midnight shutdown phase was around 73.3. Today's short-term rebound and continued to fall above 73.6. Currently, it is consolidated around 72.9. The main reason for this large drop in oil prices is that the prospects for successful Middle East peace talks have reduced supply risks, which has led to a steady decline in crude oil prices. Looking at Japan's K level as a whole, it is a very obvious weak bear. The K-level upward trend support for Japan's K level is around 1.3. The range, viewed from the moving average, runs through the 10th and 20th EMA on the 5th. The overall price runs below the 5-day EMA of 74.9. Observed from BOLL, the third line continues downward. The price runs below the BOLL middle rail, and the BOLL lower track is in the 72.2 range. If crude oil continues to rise to the BOLL middle rail position of 75.5, the oil price rebound can go short. Observed from technical indicators, the overall pattern of MACD and KDJ continues downward, so the overall idea of oil prices from Japan's K observation is bearish;
Golden Tiger: The minutes of the meeting are approaching, gold continues to be strong, the Middle East talks have been successful, and oil prices have taken a s...

  Crude oil operation strategy

  It is recommended that crude oil rebounded above 74.5-74.7 in batches, with a stop loss of 75.7, and a target of 73.3-73.5; if crude oil does not rebound and falls unexpectedly to around 71.1-71.3, then it can be short; the target is in the 72.1-72.3 range;; (Strategy suggestions are for reference only. Take your own profits and losses, strictly control risk when making orders, set stop losses and target positions, and prevent carrying orders)

  The above article was originally written by Golden Tiger. Please indicate the source for reprinting. Reminder: Investing is risky, and you need to be careful when entering the market;
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