Cao Shu: Gold and silver rise and jump before the end of crude oil

After the Fed meeting, the price of gold after the surge began to stabilize the situation, the price again broke out, to maintain a long pattern, the silver market in the bulk of the commodity rally, began to raise the market, a recent high, up to $16 near the dollar index fell to 95 near, temporarily maintain a reasonable range, stock price rebound , these may be a new feature, where the pre-existing view remains unchanged, commodity prices are now bottoming out, and there is great doubt that the rise will continue to attack, after all it is still in the early stages of the rally, without any pause or correction, The continuation of such momentum will directly affect the stability of subsequent bottoms. If future stock and commodity prices steadily rise, inflation will slowly emerge, the Fed's determined expectations of interest rates have slowed, gold and silver hedging and value-added purchasing power will gradually decline, follow-up may be more concerned about the trend of copper and nickel opportunities, including the rebound in the price of crude oil, The recent rise in gold and silver will be repeated, high-pitched back and forth to determine the top will take some time, and the early peak of $1283 near the beginning of today or next week to gradually form a phased top opportunity, once the success of the break-down of $1230 is a large interval, below $1250 is actually enough to establish a downward trend, The linkage of global markets tells us that gold and silver markets cannot dance independently, while others do not.

The price of gold yesterday hit $1271 near the start of a correction fell, the minimum to $1255, the overall is still manageable, the daily line has a high point, which will facilitate the market back and forth, as mentioned in the video price will not fall so fast, but we stick to the goal is not wrong, As a result, the goal-oriented direction is not too late, since the price fell to $1225 and finally revised $1262, there is no reason not to believe that the future price target points to 1245 dollars or less, short-term price winding target is not just 1262 dollars, In the past may not think so fast to 1262 of dollars, since already came, we should also take advantage of, valor look at the current trend, then one-time walk through the entire winding target will have the present opportunity, such as high 1272 dollars further is 1277 dollars, these are completed, Before the new high, below $1255 will form a triple divergence from the top features, and today do not fall below the 1255 dollar stabilisation is expected to repair these targets, temporarily or short-term view, gold looks a bit shaky trend, the day line is actually not agreed, now gold in the final stage of upward rebound, Time also needs to be confirmed repeatedly, especially when the silver has risen to 3,350 points, the future revision of the market may be more complicated.

Silver price has risen to 3360 near, the daily line to maintain a strong breakthrough pattern, today in Friday, the week line close is crucial, the market can fall from the high point is the focus of attention, if you can quickly from the highs down, bound to the gold caused by the downward momentum, so do not rule out the risk of gold rise, return to the silver itself, Up to 16 dollars, weekly line maintenance spike requirements, short-term divergence is obvious, the shortest correction point at 3,300 points, the current silver rose too fast is expected to have a convergence, follow-up in the process toward 3,400 points will gradually slow down the speed, waiting for the gold price rebound in place after the collective decline, beware of the diving trend tonight, But do not expect too much space, in the short term within 3280-3400 repeatedly is the normal pattern. Copper is also facing the same situation, out of a wave similar to the past gold fell to 1190 after the move, the copper this month is likely to be the first to hold the October line, the weekly line also maintained winding upward pattern, the Fed slowed interest rate hike and the global economic stability, commodity demand is expected to constitute a two-quarter rise important impetus, Continue to look forward to the future of copper rising opportunities, short-term control of the rhythm, the future there is hope to return to the near 32000, days before the main, until the price appears on the day line of the Yin line and so on the line, the nickel also rose to 58, the early revision of 55 after the rebound, maintain good, the shock is ready to see

Crude oil eventually rose to 40 dollars, in March only half, a strong pattern of sweeping, the current weekly line has emerged a breakthrough standing signal, has three even Yang breakthrough, combined with the results of the Fed meeting and the future OPEC meeting to stabilize the oil price situation, including Russia's withdrawal from Syria led to the effect of crude oil sanctions began to decline, Crude oil has basically bottomed, the market this time the rebound strength and the breakthrough of the monthly line, the future still has two confirmation process, the target is 34-35 dollars, this takes time, at least until the day after the oil delivery blocked Yin line is expected to open this trend, in the short term to maintain high strength, there are some divergence, The day line off the Yang line after escaping 39.10 dollars, this is a strong performance, as long as the breakthrough will continue to rise for a period of time, and then wait until the blocked will open down, the week line implies that there is a chance to fall, we have to be careful that the rise and the past is not the same, not only to break through the transition, or the speed of the price rise has not been rapidly pulled Situation, this will cause the continuation of the market, it is recommended that you do not fall below the 38.7-based, pay attention to 39.30-70 within the support and 41 near the pressure, the increase is expected to form a phased downward trend in 41-42, is still more short-term.

Cao Shu: Gold and silver rise and jump before the end of crude oil