An inch of time is an inch of gold, and it is difficult to buy an inch of time. Time is like a shuttle, time is like an arrow, life is just a few autumns, has been following the time, the years do not spare people. So, friends keep up with the rhythm of time, work hard and cheer!
Yesterday, after the morning price rose sharply to near 1822, the Asian and European session continued to fall slowly downward, and fell below the previous 1812 support position, refreshing the 1805 low position downwards, and then, the US opening price bottomed out and rebounded upwards to near 1819, but the price did not continue upwards, but once again rushed up and fell back, the price closed near 1813 in the morning, although there was a rebound, but the price did not strengthen.
At present, from the daily level, the 5,10-day moving average hook down, the price is currently supported by the middle rail position, the price has not continued to fall, however, if the price falls again below the 1805 support level, then the price will continue to move closer to the lower Bollinger band near 1790, then the rally is temporarily over, at the same time, above 1831 once again formed a strong resistance level, this position before the breakthrough, we do not have the illusion to layout more.
Today, we are still focusing on the breakthrough of the 1823 resistance level above, if the day rebounds upwards, breaks through this position, then the price will continue to test the vicinity of the 1831 resistance level again, only this position is taken strongly, the gold bulls will continue to continue, then you can also lay out a mid-line opportunity, above the 1850 to 1870 line, however, the premise of everything is that 1831 is broken, in addition, today below the focus on the 1805 support level gains and losses, once lost, Gold prices are bound to accelerate their decline.
The dollar, since the price bottomed out on Friday, yesterday's price in the Asian and European session continued to rise slowly, and in the early morning to refresh the 95.84 high position, from the daily level, the price rise is not over, it is expected that the price will continue to rise after the retracement, then in the rebound market, we focus on the 95.13 support level below the gains and losses, this position was broken, then the rally ended, but before the fall, the dollar will continue to maintain the rising market.
Silver, yesterday the price fell slowly from near 23.10, the price fell down to near the low of 22.79 during the European session, but the US session did not continue to fall, but a strong rebound, upward breakthrough of the previous 23.42 resistance level, and in the early morning to refresh the 23.63 high position, there was no sharp retracement in the early morning, the price is expected to continue to rise, then, we focus on the gains and losses of the 22.79 support level below, this position is expected to continue to rise before it falls.
Gold 1-hour chart
Gold, from the 1-hour chart, yesterday's Asian and European session continued to fall slowly downwards, and refreshed the 1805 low position downwards, and then the US market bottomed out to near 1819, the price did not continue strongly, but the early morning closing line near 1813, the price went back and forth roller coaster, from the general direction, the price still did not strengthen, we still pay attention to the breakthrough of the 1831 resistance level above, this position will not continue before the breakthrough, the gold price rally will not continue, at the same time, below the attention to the 1805 support level gains and losses, once lost, Gold will be close to around 1790.
Crude oil 1-hour chart
Crude oil, since the bottoming rebound on December 23rd, we have never laid out an empty order, every day is shouting all the way, shouting up, this time crude oil unilateral rise, how much short loss, and how much empty, I have stressed many times, in the rising market, would rather retracement to do more, can not go against the trend of short, Yesterday's price upward breakthrough of 85.38 important resistance level, the price has been upward refreshed the 87 high position, the rise is not over, then, today we focus on the 84.49 support level gains and losses, remember, this position before the fall below, crude oil will continue to rise strongly, if it falls below this position, then the stage of the rise is temporarily over, so operationally, you can rely on this support level to do more.
Operational Policy:
Gold: short in 1816-1818, loss 1823, target 1800-1790;
Crude oil: more than 85.8-85.5, loss 84.40, target 88-90.
Disclaimer: The above analysis content only represents the author's personal views and does not constitute specific operational suggestions, according to this operation, profit and loss are at your own risk, investment is risky, and you need to be cautious when entering the market.