To live, you must work. No matter what kind of work you work, eat when you are hungry and rest when you are tired. This is a very simple truth, and it is all taken for granted. All accidents also come from things that do not work normally and do not have normal rules. Often, this is the passion of life at this time. Similarly, the waves in the trading market are also the greatest charm of the market!
overnight US dollar index surged again after digesting and realizing the positive factors of the phased period and began to move forward and correct. It is also a common manifestation in recent times. Last Friday, gold fell sharply and hit around 1639 and broke out as expected, but the rebound was slightly beyond expectations. It once fluctuated from around 1646 to rebound from around 1646 to pull back around 1654 before and after the European session. Then, as the US dollar index continued to adjust, it once rebounded and touched the 1668 line, testing the pressure near the high point of the rebound before last Friday's big drop, and then fell back as scheduled. Continue to pay attention to the opportunity to participate in short orders during the day, and pay attention to the short support situation near 1640 below. In terms of crude oil, after experiencing a sharp drop, the lower support was gradually tested before the test, and the overall environment was still worried about the decline in demand caused by the economic downturn. However, in terms of the international situation, crude oil still has supply and demand contradictions in the short term, so the trend is consistent with the ideas we shared with you yesterday. It will go back and forth in the short term. Last trading day, it fluctuated and fell back and then pulled back to the 87 line, and it fluctuated and fell again in the evening. The long orders shared with you yesterday fulfilled the target position as scheduled, and the short orders were slightly missed, and the opportunity for repeated operation in the short term will continue to maintain repeated operation 10/18 Gold and crude oil reference ideas: Strategy 1: Gold falls back 1642-44 and long at the first line, defense 1636, look above 1855-1660, take the first look at 1665-6 short at the first line, defense 1674, look at 1650-40 range Strategy 2: Crude oil falls back first and long at 84.2, defend 83.4, look above 86, take the first line, defense 86.6-8 short at the first line, defense 87.5, look at 85-84 first line Strategy 2: Crude oil falls back first and long at 84.2, defends 83.4, look at 86, take the first line, defense 86.6-8 short at the first line, defense 87.5, look at 85-84 first line Strategy 1 is for reference only, the risk of profit and loss is borne by yourself, investment is risky, and you need to be cautious when entering the market!
