Yunnan Jiangtai Commodity Trading Center

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After plummeting .% on Friday, it further extended its decline on Monday and fell another .% to. The British pound's drop on Friday not only hit a record but was almost double the Black Wednesday drop (. So far we may have just achieved half of our expected full-year decline in terms of GBP/USD.
Technical aspect:
In early trading today, the Guangdong silver pressure line continued to fall slowly and now touches the first line of support. This position is also the low point where silver fell rapidly after the Brexit surge last Friday. In today's Asian market, the focus is on the gains and losses at this position. Once it breaks down, it is expected to reach the strong support zone. The daily level shows signs of top divergence. After Friday's sharp rise, the strong attack on the first line failed to effectively break through the upper pressure. There are obvious signs of retracement during the day. The upper focus is on the pressure level in early trading, followed by the first line. In interval operation, high altitude is the main method and low price is supplemented by long position! !
After the aftermath of Brexit, investors need to pay attention to the performance of a series of U.S. economic data and of course the subsequent development of the Brexit incident. In the short-term during the day, we will focus on the first line. Once the first line breaks through, bulls are expected to continue the upward attack. Otherwise, they will return to a volatile trend, no matter how big the aftershocks are and how strong the storm is. Grasp the key points and trend operations and you will be able to operate with ease! !
Operational Suggestions
Look at the long stop loss target on retracement - continue to hold if it breaks above! !
, rebound - look at the target above the short stop loss -