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Yan Ruixiang: Gold will pay attention to the gains and losses of daily support in the future, and Europe and the United States will pay attention to further corrections

author:Yan Ruixiang Wuxinghui

【U.S. Dollar Index】

In terms of the U.S. dollar index, the U.S. dollar index price generally showed a decline on Friday. The price rose to a high of 106.328 and a low of 105.821 before finishing the day at 106.085. Looking back at the price performance of the U.S. index last Friday, the price continued to rise in the short term after the morning open, and then fell under pressure again, the daily line ended in the negative, and the weekly level was biased towards the cross. The price is currently under pressure at the upper edge of the rising channel in the overall rise, and it is expected to continue further, so the follow-up as a whole is temporarily concerned about the gains and losses of last week's lows, and once it breaks, it will first focus on the daily support of the 105.30 area support.

Yan Ruixiang: Gold will pay attention to the gains and losses of daily support in the future, and Europe and the United States will pay attention to further corrections

The U.S. index is in the range of 106.10-20, defending $5, and the target is 105.80-105.30

【Gold】

In terms of gold, the price of gold generally showed an upward trend on Friday, with the highest price rising to 2417.64 on the day, the lowest falling to 2372.74, and closing at 2390.42. Looking back on the performance of the gold market on Friday, after the morning opening price short-term correction by the risk aversion factor price rose rapidly, but the price continuity was poor and the price then re-tested near the morning low, the price on the daily line left a long upward lead, due to the recent market shocks, we need to focus on the daily support of the 2353-2355 range gains and losses, the price is not broken is expected to continue to rise, once the break will open a wave of daily decline market, the follow-up focus can be.

Yan Ruixiang: Gold will pay attention to the gains and losses of daily support in the future, and Europe and the United States will pay attention to further corrections

Gold pays attention to the gains and losses of the daily line of 2353-55, and the gains and losses of this range determine the subsequent trend

【Europe and America】

In Europe and the United States, prices in Europe and the United States generally rose last Friday. The price fell to a low of 1.0610 and rose to a high of 1.0677 and finished the day at 1.0656. Looking back on the performance of the European and American markets last Friday, after the opening of the morning market in the short term, the price first continued to fall, and then gained support for further upside, the final positive line on the daily line ended, and the price on the weekly line also ended with the positive line, last week we have suggested that Europe and the United States are expected to carry out a wave of correction, so temporarily cautious short chasing, short-term temporary focus on the 1.0640-50 range support, above the focus on the 1.0690-1.0730 area.

Yan Ruixiang: Gold will pay attention to the gains and losses of daily support in the future, and Europe and the United States will pay attention to further corrections

Europe and the United States 1.0640-50 range, 40 points of defense, the target is 1.0690-1.0730

【Today's key financial data and events】Monday, April 22, 2024

(1) 09:15 China's one-year loan prime rate until 22 April

(2) 18:00 UK CBI Industrial Orders Difference (April).

(3) 23:30 ECB President Christine Lagarde speaks

(4) At 02:30 the next day, New York crude oil May futures completed the last trading on the market

Note: The above is only a personal opinion strategy, only for review and exchange, does not give any investment advice to customers, has nothing to do with customers' investment, and is not used as the basis for placing orders.

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