New cycle runs:
Time enters November, the beginning of the new and the end of the old.
Regardless of the direction of the market or the operation of the transaction, new changes will occur and a new operating cycle will be opened.
Key facts at a glance:
The chart below summarizes some of the key figures released at the same time as the November Non-Farm Payrolls Week. At the same time, the degree of attention in the figure is also marked with a grade, which needs to be paid attention to!
Its most concerned point is the January non-farm data, but on the eve of the release of non-farm data, what needs to be focused on is the "interest rate decision and the speech of Fed Chairman Powell".
Effects of precious metal products:
Referring to the past gold nine silver ten and the much-anticipated gold and silver market, it has not met the expectations of market investors! Because since gold fell from 1900 points, until today, the rally has not been on the 1833 line. This sentiment will hit gold bulls hard. Then the next step can only put the last hope in the whole line of time, until the Spring Festival!
Actually, there is no way. I don't know if you remember, after the initial bitcoin waist cut, a large amount of money into the precious metals market, so that gold from the original bull instability, directly stabilized 1900 points, until the impact of the 1916 line. That is, this move, the market a large number of bulls into the market, so that the higher the rush, the more miserable the fall (killed), until today, the gold market has not had a huge bullish impact!
So for the future market, from a global point of view, the gold market is bullish!
At the weekly level of the large period, the following figure shows:
The weekly level first tested the low of 1676 first-line rebound, and the second sharp sell-off test tested the 1682 first-line rapid rebound! Its high point again tested the 1833 line, unbroken, three times again tested the right low 1720 line began to rebound to the high point of 1815 a line, although it failed to continue to break through the upward trend, but from the structure of the words, in fact, the bullish sentiment is already there, the high point continues to move down, the low point continues to rise, the structure has come out of the k-line structure of the pattern, the three-stage structure fell consolidation signal.
Therefore, from the weekly line, under the big sentiment this week, if there is a sharp decline, a general direction, a large layout, bullish can enter the market, the low above last week's Yang line low 1760 can be long for support, and short-term swings, rely on support points to do more! Note: Pay more attention to the selling sentiment of the market, not the structure does not rise, but after the plunge and then rise, reasonable control of their own positions, in order to win big gains!
I'm Bobo, we'll see you on video!
