Gold Analysis for 09 November 2021
Gold daily level: on the daily line to see the Bollinger band opening to run the trend, the K line continued to rebound up, MA5 and MA10 moving average mid-band position divergence trend, MACD energy column volume trend, KDJ indicator golden cross, the daily line as a whole looks very strong, for the time being or low to continue to see the rebound rise. Short-term period to see the Bollinger Bands with an opening to run the trend, K line upper rail running, MA5 and MA10 moving average turn to run, MACD energy column reduction, KDJ indicator golden cross, short-term support gradually moving up, today continue to bargain to do more.
Gold four-hour level: Bollinger band three track upward opening running, MA5 and MA10 moving average golden cross running, K line trading above the MA5/MA10 moving average between the upper band of the Bollinger band, MACD fast and slow line above the 0 axis above the golden cross slightly closed, red kinetic energy gradually reduced, gold short-term high consolidation.
Gold 15-minute level: the price is short-term lower, and is trading above the Fibonacci 123.6% extension of 1823.61, if the price rises, the nearest resistance above is the Fibonacci 138.2% extension of 1824.93, after the breakout or will be further bullish to the Fibonacci 161.8% extension of 1827.06.
If the price goes down, the nearer support below is 1821.47, and after the break, it may test the previous high of 1812.62 support.
Opinion: The 15-minute period is bearish, the target is 1821.47 (if the price falls below 1821.47, the view is invalid).
November 09, 2021 Crude Oil Analysis
Crude oil daily level: the daily line to see the Bollinger band gradually in the flat trend, K lower rail continuous rebound trend, MA5 and MA10 moving average middle rail position began to flat state, MACD energy column volume trend, KDJ indicator golden cross, daily line as a whole or bottoming out, below the support rebound, low multi-operation to see the rebound. Short-term period to see the Bollinger Band gradually in the closing trend, K line lower and lower rail continuous oscillation running, MA5 and MA10 moving average upward turn run, MACD energy column volume trend, KDJ indicator dead fork, short-term look or look at the large range of oscillation running state.
Crude oil four-hour level: Bollinger band three track gradually closed, MA5/MA10 moving average golden cross closed, K line trading near the MA5 moving average between the upper band of Bollinger Bands, MACD fast and slow line 0 axis below the golden cross running, red kinetic energy slightly reduced, oil prices short-term market volatility more.
Crude oil 15-minute level: the price is short-term shock, and is trading above the Fibonacci 78.6% retracement of 81.89, if the price continues to rise, the nearer resistance above is the previous high of 82.53, after the breakout or will be further bullish to the Fibonacci 123.6% extension of 83.65.
If the price goes down, the nearest support below is 81.51, and a break below it may test the Fibonacci 61.8% retracement of the 80.72 support.
Opinion: Bullish on a 15-minute period with a target of 82.53 (if the price falls below 80.72, the view is invalid).
Silver Analysis for November 09, 2021
Silver daily level: on the daily line to see the Bollinger band opening upward trend, MA5 and MA10 moving average turn upward trend, MACD energy column volume trend, KDJ indicator dead fork, the daily line as a whole or low rebound trend, continue to bargain to do more. Short-term period to see the opening of the Bollinger Band upwards, the K line continues to rally up, MA5 and MA10 middle rail positions run upwards, MACD energy column reduction, KDJ indicator golden cross, short-term look or low, temporarily bullish.
Silver 15-minute level: The price continues to move higher and is trading above the Fibonacci 78.6% extension level of 24.41, if the price continues to rise, short-term or test the Fibonacci 100.0% extension level of 24.63 resistance, after the breakout of the market or will be further bullish to the Fibonacci 123.6% extension of 24.87.
If the price goes down, the short-term or test the 24.41 support, after the fall below the intraday need to pay attention to the Gan's benchmark, the future or will further test the Fibonacci 61.8% extension of the 24.24 support.
Opinion: The 15-minute period is bullish and the target is 24.63 (if the price falls below 24.24, the view is invalid).