Anhui Baoxuan Commodity Trading Center

Anhui Baoxuan Bulk Guidance Anhui Baoxuan Bulk Account Opening Anhui Baoxuan Bulk Technical Guidance Anhui Baoxuan Bulk Investment Hotline Anhui Baoxuan Bulk Agent Anhui Baoxuan Bulk Personal Agent Anhui Baoxuan Bulk Order Order Anhui Baoxuan Bulk The US economic data released on Wednesday was mixed. At the same time, investor sentiment was cautious ahead of the release of non-farm payrolls data on Friday (Month). In addition, most people do not expect the Federal Reserve to cut back during the year. The dollar fell slightly and recorded its first gain in seven days. This week, focus will be on the U.S. monthly non-farm payrolls report and the third The initial value of the third quarter gross domestic product (D) is currently relatively cautious before the release of US non-farm data and D. Some US dollar bulls choose to stay away and wait and see. The US dollar index is therefore under pressure. At the same time, the precious metal market attitude is cautious. This week, gold and silver continue to maintain low levels and trade sideways. The pattern awaits breakthrough choices. Gold: Multiple rebounds this week continued at the - line, which was under pressure and then brought about a pullback and consolidation. It was difficult to break through the suppression above, making the gold price more concentrated in the low range of -. Yesterday, the gold price still failed to change this after testing the pressure nearby again. The upper pressure of the shock fate is still suppressed by this, making it difficult for gold prices to make further progress. Recently, the upper side continues to focus on the first-line suppression. The pressure is effectively continued to be treated as a weak consolidation. If it stabilizes effectively, it will form a short-term rebound and repair upward. The current hourly trend line is that the Bollinger closing range is gradually narrowing, which seems to be in line with the risk events in the last two trading days of this week. The Bollinger narrowing increases the risk of breaking and opening. Continue to pay attention during the day - if there is a breaking of the range, it will bring greater fluctuations. space.
Aspects: The trend of precious metals has continued to be weak in recent trading days, but the trend of silver has indeed been relatively flat, and there is not much room for fluctuations. The range of decline is limited. Yesterday, silver tested the first line multiple times during the Asian session and was effectively supported during the European and American sessions. With the slight rebound of gold, silver once again stood on the short-term - first line, showing relatively obvious support. At the same time, the technical trend of silver and gold was similar. The Bollinger began to narrow at the hour and remained in the range of -, which continued to trade sideways in the last two trading days of this week. Pay attention to the consolidation of the small area and consider following the trend if there is a break.
Intraday Thoughts: Although the overall pattern of gold and silver this week is still weak, judging from the trend of recent trading days, although it is weak, there is no obvious downward trend below. It is more of a long-term sideways trend at the low level of the range. What we are waiting for during sideways consolidation is the rapid increase in volume after the position is broken, so the direction of the current position breaking after the gold and silver consolidation will be particularly important. Breaking the position above will build a short-term bottom and bring about a rebound, while breaking the position below will provide potential energy for the shorts to further increase the volume and move downward. So for the intraday strategy, It is said that in the short term, we will continue to focus on the interval band and pay attention to the situation of position breaking.
Gold: Support:,, Resistance:,,
Silver: Support:,, Resistance:,,