The trend of gold-silver ratio and its trading significance
Gold showed an obvious surge and fall last week, suggesting that an important head of the market has been formed around 2800, and a new round of downward market is in the process of running. At the same time, the performance of the gold-silver ratio above the historical central axis also provides a solid long-term long-term direction of long-gold and short-silver.From the weekly chart of the gold-silver ratio, it can be found that, except for some special stages, the overall ratio will still fluctuate within a relatively reasonable range. Generally speaking, the period when silver is strong and gold is weak will represent the situation where silver makes up for the increase and the overall precious metal is strong, while the environment where gold is particularly strong may only be due to
Judging from the existing answers, it is naturally yes. But what needs to be clear is that there is still more than a month before Trump actually moves into the White House.Before the general election, we once discussed the market in Bitcoin, when the price was still brewing a breakthrough below 70,000. "There is not much time left for the bulls" was the main judgment at the time. Because structurally speaking, the adjustment cycle is completely sufficient and sufficient for more than half a year, and that price position, whether it is Harris or Trump, will push for a breakthrough. Then sure enough, the bulls made the final breakthrough. Of course, it must be admitted that after the election results were released, this short-squeeze rise still exceeded expectations. Previously, the high po
Is the U.S. stock market changing its leader or brewing a correction?
Nvidia, the leader of U.S. stocks in the past two years, has not performed well in the past few weeks. Although the financial report is not bad, as the main promoter of the "predecessor" Biden, it is obvious that some glory is no longer in the context of Trump's second entry into the palace. The fall in the weekly level of the previous week directly affected the price pattern. Will this mean that the U.S. stock market will take the lead in the change in the future cycle, or will the trend itself change?Nvidia once fell below the weekly low at the end of October last week. Although it finally recovered and left a lower shadow line, it still ended the bullish pattern of "higher lows" after the June adjustment. Looking forward, the fall of the weekly swing low can be traced back to a year ago
The period from Trump's victory in the US election to his official entry into the White House looks expected to make a smooth transition. In addition to Biden's official statement, the crude oil market also gave the same signal. Although the key low of 63.6 was repeatedly tested, the bulls were able to save the day, which implies that there will be no obvious change in risk appetite in the short term.The three key range positions of crude oil: 63-70-84 respectively represent the lowest point of the range, the level of repurchased crude oil reserves previously stated by the US government, and the central axis price in the past two years. Although after the first quarter of this year, oil prices remained trading below the central axis level, and seemed to rebound one wave after another, the
At the end of October, before the US presidential election, we specifically pointed out that gold had reached the medium and long-term target position, and it was time to take profits. At that time, the price of gold was around 2750. Although there were higher highs afterwards, looking back now, it was obviously a suitable appearance. In addition to price changes, more importantly, short-term and medium-term trends, and even long-term structures, gold shows obvious signs of loosening.First of all, from the perspective of the weekly situation, gold broke through the swing low last week, which was the first time since the autumn of 2023, when gold had not yet set a new record high. Generally speaking, if this low point is no longer gradually raised, it means that the obvious rally has stoppe
The much-anticipated U.S. election finally revealed its outcome last week: although Trump seems to be very close to Harris in traditional polls, it actually ended with Trump's big victory. With the second entry of this old acquaintance, the capital market also began to give some feedback. So what assets and changes are worth watching for us?About the crypto marketThere is no doubt that this is the strongest variety after the news that Trump is about to take office. Mainstream coins represented by Bitcoin and a number of altcoins have experienced huge gains in just one week. On the one hand, Trump showed the characteristics of a pro-crypto market during the election campaign; on the other hand, his main election assistant, Musk, is also very keen to "shout" on social media.Although we were
What is the most important asset to watch as the election results come in
The U.S. election is about to give its final answer this week. The ups and downs of swing state data have caused some sensitive assets to take a roller coaster trend around last weekend. However, there are still some varieties fluctuating within a narrow range. Obviously, their breakthrough direction is likely to determine the market tendency in the next stage.Today we are going to talk about copper, which we haven't talked about for a long time. As a wide variety similar to crude oil, copper prices have gone out of a complete bull market and bear market in the first 11 months of this year, and are now just at the central axis level. What's more interesting is that in the past half month, the price has been running within a narrow range of 4.3-4.4 X.Copper has always been said by Dr. Coppe
The final chapter of the annual drama American election will come soon. As a hot spot that was regarded as more important than the Fed's interest rate cut at the beginning of the year, how will the election results affect the short-term, medium-and long-term development of the market?In terms of short-term fluctuations, we believe that the main difference between Harris and Trump will be the option of controlling the market. Although the risky assets represented by U.S. stocks have maintained a slow bull pattern recently, the continued weakness of oil prices still indicates that the market is currently expensive.If Trump takes office, it is very likely that he will start smashing the market after officially entering the White House. Or on the day of the general election, it is expected tha
Gold soars but be careful when you consider buying gold now
The time node when silver compensated for the increase and the RMB exchange rate triggered the rise of precious metals in the internal market + various news and fundamentals gathered. These top features that have been talked about before are emerging one after another. As an old bull who has been bullish on gold for many years, now I am more cautious and waiting for a signal to exit. Always remember that pulling the market is the best way to sell goods. Don't go up or chase high is the only way to avoid deep traps and losing money.Silver showed a significant upward trend last week, breaking through the high in mid-May, and opening further higher this Monday. Obviously, the recent comparison of gold and silver trends has completely matched the compensatory effect of silver's late-coming fir
The last time we talked about cryptocurrency was 2-3 months ago, when Bitcoin had just completed a mid-level zigzag adjustment, and it looked like it was about to restart its rally. However, the advancement of the market is another result. The larger A-B-C correction has not broken through the downward channel by mid-October. Considering the approaching time of the U.S. election and the high levels of gold and the other two carriages of the U.S. stock index, the time to keep a long position seems to be increasingly limited at present.From the perspective of the weekly level, Bitcoin once fell below the 50,000 mark in the previous round of deep exploration, which made its height drop significantly even if the subsequent upward market was launched. At present, according to the form, it may b