Jin Ming on the market 11/3 gold rise and fall real-time operation suggestions and silver paper silver today trend analysis

Analysis of the latest gold market

　　Weekly line From the weekly K-line point of view, the support below the gold price is solid, and the bulls have been able to stop the decline since August in recent weeks and are expected to meet a wave of rebound market. Initial resistance above is near the 50% retracement level of 1763. A long-term upward trend line is particularly important, and if it can continue to trade above this line, the long-term market is expected to usher in a reversal.

　　Daily gold prices continue to fluctuate for now, with investors expected to remain cautious ahead of the Fed's interest rate decision in the early hours of Thursday morning. Technically, gold fell below the ascending trend line on Friday, which means that the trend of shock strengthening since the end of September has been suspended. Macd double line flattened, red bars shortened, indicating a possible sideways trend. Operationally, it is recommended that investors wait and see for the time being, the current rise and fall opportunities are half, the intraday trend is closely related to the change in risk sentiment, and because there is no important US data release during the day, the gold price fluctuations may be relatively limited. Initial resistance above focuses on the 1800 round number mark, further focusing on the October 22 high of 1813.82 and the September 7 high of 1827.30. Preliminary support below focuses on the 100-day moving average at 1785.96, with further attention to 1772.07 on October 29 and 1760.41 on October 18.

　　Gold opened near 1793 consolidation, the U.S. market fell directly near 1785, closed near 1786, gold 1792 short to see 1785 to break 1777, the prudent 1806 short to see 1800 and 1787 can be, or 1778 to see more 1783 and 1798, the prudent 1737 to see 1745 and 1786, the specific single recommendation to the real-time point prevails.

　　On the whole: the rebound is mainly short, but the upper side needs to pay attention to the 1793 resistance, and the lower side needs to pay attention to the 1750 near the suggestion

　　Gold Operation Recommendations:

　　1. It is recommended to consider shorting near 1793-1795, stop loss of $5, target to see near 1770-1758;

　　2. It is recommended to consider going long near 1751-1753, stop loss of 5 US dollars, target to see near 1765-1799;

　　Silver latest market analysis

　　Silver yesterday as a whole weak wind, rebound did not touch the pressure of 24.25 bulls directly gave up resistance, under the blow of the bears the price fell directly to the golden section 38.2% line 23.37, Jin Ming continued yesterday's trend view is still short-term bearish, it is recommended to rebound to 23.70 a line to sell, risk control above 23.90, the target 23.30 ~ 23.10 area. To the lower target area to focus on the strength of support, because from the perspective of the Jinming wave trading system, the downward trend of the decline is nearing the end, it is entirely possible to use the impact of the interest rate decision to appear an important turning point, and then a three-wave abc structure of falling down has been basically completed, and the head and shoulders bottom form is basically formed. Therefore, there will be new opportunities to go long after the short-term bearish catharsis.

　　Analysis of the latest crude oil market

　　When most people were bullish on Tuesday, Jin Ming gave a clear bearish idea in the morning review and roadshow, and now he has accurately seized the turning point of the day's decline at 84.40, and the trend has fallen as expected, indicating that the adjustment of crude oil will continue. Therefore, it is recommended to continue to consider the main short idea today, but it is not recommended to directly chase the bear, because the short-term decline is too large, it must be rebounded to repair to open the downward trend again, so it is recommended to rebound to 83.50 a line to sell, this position is also the pressure of the golden section 38.2% line, above the risk control 83.95, the target 82.60 ~ 82.00. According to the structural deduction of Jinming Wave Trading System, the decline opened yesterday means that the rebound trend of 4 waves b has ended and is currently in the downtrend of 4 waves c; if it is unexpectedly broken above 84.00, it means that it will return to the upward trend.