Gold Analysis for October 26, 2021
Gold daily level: the daily line to see the Bollinger band opening to run the trend, the K line near the upper rail, MA5 and MA10 moving average upward divergence trend, MACD energy column volume trend, KDJ indicator golden cross, the daily line as a whole still belongs to the low rebound trend, but the above is also temporarily full of resistance, this week is still high, the rebound pressure position short to see the plunge trend. Short-term Bollinger Bands gradually flattened, MA5 and MA10 moving average mid-band position to form a support upward turn running trend, MACD energy column reduction, KDJ indicator golden cross, short-term cycle to see the rebound high pressure, temporarily or rush up the downward trend.
Gold four-hour level: Bollinger band three-track opening running, MA5 and MA10 moving average golden cross running, K line trading near the MA5 moving average between the upper band of Bollinger Bands, MACD fast and slow line 0 axis above the golden cross to ease the closing run, red upper action can be slightly reduced, gold short-term oscillation is more.
Gold 30-minute level: the price is short-term lower, and is trading below the previous high of 1813.82, if the price continues to decline, short-term or test fibonacci 23.6% retracement of 1801.19 support, after the fall below the intraday need to pay attention to the 2/1 Gan line, the future market or will be further bearish to the Fibonacci 38.2% retracement of 1793.38.
If the price rises, the short-term or test the 1813.82 resistance, after the breakout or will be further higher.
Opinion: The 30-minute period is bearish, the target is 1801.19 (if the price breaks through 1813.82, the view is invalid).
October 26, 2021 Crude Oil Analysis
Crude oil daily level: on the daily line to see the Bollinger band with a gradual closing trend, the K line hit the upper band after falling, MA5 and MA10 moving average near the middle rail of the upward divergence trend, MACD energy column volume trend, KDJ indicator dead fork, the daily line as a whole to see the high pullback down, but the overall trend is still the trend upward trend, then the intraday pullback support or low to continue to be bullish. Short-term period to see the Bollinger band opening running downwards, MA5 and MA10 moving average high hook head downward trend, MACD energy column reduction, KDJ indicator dead fork, short-term high pullback down, then the intraday high pressure rushed up and down.
Crude oil four-hour level: Bollinger band three-track easing to run, MA5/MA10 moving average golden cross closing run, K line trading below the MA5/MA10 moving average between the upper band of Bollinger Bands, MACD fast and slow line 0 axis above the dead fork running, green kinetic energy first version of the weak display, oil prices short-term decline in the whole, the body market more.
Crude oil 15-minute level: the price is short-term lower, and is trading below the previous high of 83.60, if the price continues to decline, the short-term or test the Fibonacci 23.6% retracement of 83.49 support, after the fall below the market or will be further bearish to the Fibonacci 38.2% retracement of 82.94.
If the price rises, the short-term or tests the 84.38 resistance, after the breakout may be further higher.
Opinion: The 15-minute period is bearish, the target is 83.49 (if the price breaks through 84.38, the view is invalid).
Silver Analysis for October 26, 2021
Silver daily level: on the daily line to see the Bollinger band opening upward divergence trend, the K line in the upper rail area running, MA5 and MA10 moving average divergence trend, MACD energy column volume trend, KDJ indicator dead fork, the daily line as a whole to see the high pressure, intraday rebound high short-based. Short-term Bollinger band flattening trend, K line upper rail pressure pullback, MA5 and MA10 moving average high hook head down, MACD energy column reduction, KDJ indicator dead fork, short period to see the rebound high continue to see a wave of pressure can be.
Silver 15-minute level: the price is short-term lower, and is trading below the Fibonacci 23.6% retracement of 24.64, if the price continues to decline, intraday need to pay attention to the 4/1 Gan line, short-term or test Fibonacci 38.2% retracement of 24.52 support, after the break below the market or will further bearish to the Fibonacci 50.0% retracement of 24.42.
If the price rises, the short-term or test the 24.64 resistance, after the breakout of the intraday need to pay attention to the 3/1 Gan line, the future or will further test the previous high 24.83 resistance.
Opinion: The 15-minute period is bearish, the target is 24.52 (if the price breaks through 24.83, the view is invalid).