————The latest gold market analysis:
On Monday (January 25) Asian session, cash gold fell slightly and was traded at around 1854. Last Friday (January 22), spot gold fell by 0.77% to US$1,85.61 per ounce. Due to the panic caused by the epidemic, the market dumped gold and chose US dollars. However, the market is still optimistic about the trend of the golden color this week, Shi Xianfen believes that the inflationary expectations brought about by the stimulus measures will be an important factor in the rise of gold prices. This week, I will pay more attention to the Federal Reserve's January interest rate resolution and the fourth quarter GDP data of some developed countries in Europe and America. The forecast has an important impact on gold prices. For many analysts, the market’s gold is in a see-saw. One aspect is the continuous strengthening of expectations for the economic recovery and recovery. It is the growing concern about inflation. However, according to the latest Kitco News Weekly New Gold Survey, Wall Street and ordinary people expect inflation to reverse the situation and push up gold prices. From a technical perspective, there is still room for price growth this week, and the pressure level near 1681 will become a threshold. The ECP price index is an important reference for measuring inflation expectations. In general, the speed of vaccination is still slow, and the economic recovery still takes time, which also means that inflation is rising. And it will not be very fast, and the inflation level does not provide the possibility of a big increase. The price of gold may only rise steadily or fluctuate.
From the perspective of the golden day level, KDJ Golden Cross, MACD green column shortened, short power weakened, and bulls counterattacked. Especially on Wednesday, the bulls' power ushered in a concentrated explosion, but fell into trouble on Thursday, showing that the bulls are facing the gold price outlook. There are still considerable scruples about rising. In addition, the indicators show a certain overbought phenomenon, and the upper side faces a downward channel line. From a short-term perspective, Chen Shuao is still difficult to cross. The short-term long-short sentiment is more difficult to grasp, and may be slightly bearish. Below, we will initially pay attention to the 1840 support level, and further focus on the 61.25% Fibonacci retracement level 1838 and 76.4% Fibonacci retracement level 1810. On the upside, we mainly focus on the 1876 line where the downtrend line is located, and further focus on the 38.2% retracement level of 1.254 and the 1900 integer mark. In general, Chen Shuao recommends rebounding from high altitudes, supplemented by callbacks. The top short-term focus on the first-line resistance of 1872-1877, and the short-term bottom focus on the first-line support of 1830-1835
————The latest market analysis of crude oil:
On Monday (January 25) in the early Asian market, U.S. crude oil was traded at around $03.25/barrel. On Friday, oil prices hit the steepest decline in a week. As U.S. crude oil inventories rose, The market that is still recovering from the sluggish demand caused by the epidemic has brought resistance. At the same time, some signals from the conference state that Biden's model is huge and he hopes that the stimulus bill that is supported by both parties will be dead. Senator Susan Collins, Republican of Burma, and Senator Mitt Romney of Utah, questioned the urgency of the stimulus bill. Last Thursday said: "Considering that the US$00.9 billion aid bill has just been passed, it is difficult to understand why we still need to push another bailout on such a large scale." The original hope was that the stimulus plan would boost demand for crude oil. For now, the uncertainty about whether the stimulus plan will pass is extremely high, and the upward momentum for price oil has weakened. In general, the preliminary measures by Biden’s administration and OPEC’s production cut are positive for the price of oil, but there are still great doubts about whether the current stimulus plan can be passed smoothly. Certainty will pose a downside risk to price oil. The increase in U.S. crude oil storage and the continuous further deterioration of the epidemic, the slow progress of the vaccination process and the continuous existing problems have also dragged down the price trend. Follow-up will focus on this week’s vote on the Biden stimulus bill. If the vote is passed, oil prices will have sufficient momentum for short-term or upward increases. If the stimulus bill is cut or postponed, be wary of downside risks in oil prices.
From the weekly perspective, crude oil has closed the doji for two consecutive weeks. Although the price is still running on the upper Bollinger band, the upward momentum is obviously insufficient, indicating that there is a certain adjustment pressure on the upper side. Focus on the resistance near the upper Bollinger band 54.2 to bearish ! From the daily perspective of crude oil, the price of crude oil is in a turbulent consolidation process, forming a triangular consolidation pattern with lower highs and higher lows. Oil prices fell last Friday and broke through the short-term moving average. In terms of indicators, the MACD fast and slow lines formed a dead cross. The column is heavy, the KD cross is down, the daily pattern is obviously horn formation, and the trend is obviously bearish. Therefore, this week it is recommended to rebound from the high altitude, focusing on the resistance near 52.8 at the top, and focusing on the 51 first-line support domain support at the bottom. If the entity breaks through the 51 line this week, the previous bullish trend will take this step and open up room for further downside. From a four-hour perspective on crude oil, last Friday, crude oil fluctuated downward, and the MA10 moving average position rebounded repeatedly. The current Bollinger Bands are in an open period, and the MA moving average is about to go out of the double dead cross. The KDJ stochastic indicator moves forward with three lines and the MACD indicator is green. The kinetic energy column began to appear, and the fast and slow lines crossed downwards. The current news of crude oil is under pressure. At the same time, the technical average line is strongly suppressed. It is recommended to continue to short this Monday. On the whole, Chen Shuao suggested that crude oil today's operating ideas should rebound from high altitudes, supplemented by callbacks. The top short-term focus will be on the 53.0-53.5 first-line resistance, and the bottom short-term focus will be on the 51.5-51.0 first-line support.
Investment is not all of life, you just need to believe that profit is your heart:
Our investment was originally a very happy thing, a part of life, but because of your troubles and losses, it became so frightening and beyond the center of gravity. You made multiple orders, fell, and your mood plummeted. When you rose, you were very happy and excited, but at the same time, you were afraid of falling again, always hovering between depression and fear. Are you really happy?
Shuao has communicated with many investors, and there are probably several reasons for failure, because you are always changing teachers frequently, and after the teacher shouts that you lose two orders, you leave; the reason why you fail is because you are too greedy , You want to get more profit and don’t listen to the teacher’s advice; the reason why you fail is because you have a bad mentality, you have earned pride and arrogance and aggressively do orders, and your mood plummets. Do you think you can make money this way? You are here for investment, not for fun. Can you take it seriously? The teacher blindly comforts you and gives you positive energy, but you keep turning against chicken soup and against your teacher. The purpose of your investment is to make money. Investment is a long-term thing. It is not to call you a single or two to make your investment successful.