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6.12 Analysis of the latest market trends of gold and crude oil surges and today's exclusive operation suggestions
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Platform]: Analysis of the latest market trends of both gold and crude oil soared in 6.12 and exclusive operation suggestions today." Hope it will be helpful to you! The original content is as follows:
The investment market always has four levels: keeping the principal, controlling risks, earning profits, and making long-term and stable profits. Don’t determine the result because of the winning or losing of a day. Is it accidental or inevitable to make money, whether it is based on real effort or luck. Those who can survive in the market will definitely be investors who can eventually make long-term profits. Trading is a good habit, strictly implement your trading plan. A rigorous transaction = good mentality control + correct position control + strong technical skills, never force buying and selling for cooperation. Opportunities are reserved for those who are prepared. The right choice is greater than a hundred times hard work. If you trust the teacher, I will give you a satisfactory return. You just need it, and I happen to be professional!
Analysis of the latest trend of gold:
Analysis of gold news: Gold surged and fell on Wednesday, as the conflict between Russia and Ukraine continued, the World Bank also lowered its global economic growth expectations. Gold prices rose to $3,360.01 per ounce during the session on Wednesday, but then gave up the gains, as traders closely monitored Sino-US trade negotiations, the result may ease trade tensions and boost the global economy, thereby reducing the demand for safe-haven assets. The continued rise of US stocks also suppressed the demand for safe-haven buying. Meanwhile, strong non-farm data from the United States last week pushed the dollar to rebound, posing a * on gold prices. However, the market's expectations for the Fed's future interest rate cut remain, and the geopolitical situation has heated up, which has provided certain support for gold, causing the gold market to fluctuate. Overall, the current gold market is under the influence of multiple factors. Geopolitical tensions and a global economic slowdown provide solid bottom support for gold prices, but optimistic expectations of Sino-US trade negotiations and a strengthening dollar limit its upside potential.
Gold technical aspectsAnalysis: Yesterday, the market rose by 3349 and formed a false break. There was no stop above 3340. The market price could not reach 3340 for a long time, so it could not effectively reverse the decline last week. This week, at the 3300 mark, the support performance was also outstanding. The previous two trading days tests were supported to form a strong rebound. Gold generally formed a wide range of long-short oscillations around the 3300-3340 area. Short-term gold prices stabilized above 3245, and further showed a bullish operating rhythm. The above resistance is focused on the 3370-3400 line.
From the technical point of view, although the daily line did not last long on Wednesday, there is a very obvious feature of the daily line cycle, that is, the Bollinger's middle track has not broken, and the technical point has not been changed after many tests. This is the support point for the short retracement and the defensive point for the bulls to rise. As long as this point is not broken, gold will be firmly bullish. Today, gold will continue to look at the daily closing situation. If it closes positive and closes positive, the space above the daily line will open, and you can directly see the 3400 high point. The 4-hour chart is now a simple view of oscillating upward. After many adjustments, it is impossible to go down. It can be clearly seen that gold is absolutely strong, and upward is the final way to move. The target above is around 3370, so it is bullish today, and gold pays attention to the resistance at the 3400 mark. Overall, in terms of today's short-term gold operation ideas, He Bosheng recommends that the pullback be long, and the rebound is supplemented by high altitude. The short-term focus on the upper short-term focus on the 3390-3400 line resistance, and the short-term focus on the 3350-3340 line support.
The latest trend analysis of crude oil market:
Crude oil news analysis: Oil prices fell under pressure in early Wednesday, and the market is weighing the impact of the global trade situation on the outlook for global crude oil demand. Brent crude oil futures fell 24 cents, or 0.36%, to $66.63 a barrel; U.S. West Texas Intermediate crude oil (WTI) fell 21 cents, or 0.32%, to $64.77 a barrel. After two days of intense consultations in London, the Asian power and the United States have reached a framework agreement on restarting trade. U.S. www.xmserving.commerce Secretary Howard Lutnik said after the negotiations that the framework still needs to be reviewed and approved by President Trump. At present, oil price trends are showing a long and short tug-of-war situation. On the one hand, the easing of the global trade situation boosts market confidence in the short term, and on the other hand, the continuous increase in production from OPEC+ makes the hidden worries of oversupply linger. Subsequent oil prices may need to wait for US inventory data and provide short-term direction guidance.
Crude oil technical analysis: From the daily chart level, crude oil hovers around the moving average system, and the medium-term objective trend is mainly fluctuating. Oil prices gradually rise near the upper edge of the range. From the perspective of kinetic energy, the MACD index is fast and slow and the bulls are moving upwards on the zero axis, and the bulls are starting to warm up. The K-line continues to close to the small positive line. If oil prices break through range resistance in the later period, the medium-term trend is expected to further upward to test the 70 line. The short-term (1H) trend of crude oil is moving downward alternately, with oil prices touching below 64. The moving average system diverges downward, and the short-term objective trend direction is downward. From the perspective of kinetic energy, the MACD indicator opens downward below the zero axis and coincides with the short column, indicating that the lower action energy is full. It is expected that the crude oil trend will continue to fall during the day, seeking support below 63. Overall, in terms of today's operational ideas of crude oil, He Bosheng recommends that the main focus should be on the low-sinking back, and the rebound should be supplemented by the high altitude. The short-term focus should be on the 70.0-71.0 line resistance at the top, and the short-term focus should be on the 67.5-66.5 line support at the bottom.
He Bosheng's message: Now is the era of the rise of the investment industry, and I believe investors are also confused. For example, among the questions of what kind of investment, what platform to choose, how much money to put, whether the funds are safe, whether they can make profits, etc., He Bosheng has seen too many customers' experiences in recent years, and one year has doubled, one has lost half of the money in one month, and so on. I won’t choose to change anything, nor can I change anything. This is the market. What I can do is to make myself work harder, insist on doing my own transactions, and deserve the trust of my customers and me. I guarantee you too much, and what I get is a thousand miles apart. The trust between people is gradually lost. What I want to do is not a one-time transaction, but I hope for a good relationship that will last forever. He Bosheng helps you establish your own investment ideas so that you can go on for the long term, create brilliance together and win-win cooperation.
The above content is all about "[XM Foreign Exchange Platform]: Analysis of the latest market trends of gold and crude oil surges and today's exclusive operation suggestions". It was carefully www.xmserving.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
Due to the author's limited ability and time constraints, some content in the article still needs to be discussed and studied in depth. Therefore, in the future, the author will conduct extended research and discussion on the following issues:
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