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6.26 Gold fluctuates and rises latest market trend analysis, and the exclusive long and short operation suggestions for crude oil today
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange]: Analysis of the latest market trend of gold fluctuating and rising by 6.26, and exclusive long and short operation suggestions for crude oil today." Hope it will be helpful to you! The original content is as follows:
The recent market rises and falls, and the frequent long-short conversions are frequent. Many investment friends are caught off guard, or don’t know where to start. They fall as soon as they buy, rise when they exit, and return consecutive losses. In fact, this is a situation that many novices will encounter. Let me tell you here that first of all, don’t operate frequently when doing trading, and secondly, you need to have a precise control of the market and stick to your own trading system. Of course, these are empty talk for some novices. After all, there is no strict trading plan to enter the market. Most of them are chasing up and selling down, which leads to serious losses. If you see the article at this moment, you can consult yourself to xmmarkets.cnmunicate and help you point out all the problems in making orders, so that you can avoid detours in the process of trading.
Analysis of the latest gold market trends:
Analysis of gold news: On Wednesday (June 25), the overall price of gold showed a weak state in the Asian and European sessions. The market once believed that gold would break through the 3,300 low in the US session. However, the gold price meets what I expected to open this morning. If the market weakens in the white market, then the gold price will once again face a counterattack and rise in the evening. This is also what I said about long-term direction. At this stage, gold remains at the 3332 line. From a long-term perspective, gold's position as an anti-inflation and safe-haven asset is still stable. Despite the current double suppression of geopolitical easing and the Fed's wait-and-see attitude, uncertainty in the global economy remains. In the future, any data impact on the news side may reignite the rising demand for gold. In addition, the weakening of the US dollar and the potential rise in inflation expectations will also provide support for gold prices. Beware of gold's counterattack and rise and return to 3400.
Gold technical analysis: The daily gold line closed with a large negative line, and the 5-day moving average and the 10-day moving average have formed a dead cross, which is an important signal that the market's short-term trend has weakened. The current gold price continues to run below these two moving averages, further verifying the market status of short sellers dominant. And the decline for the seventh consecutive week temporarily changed the upward trend and the market turned to a downward trend. However, after last night's plunge, the future market has ushered in a technical adjustment, and the key watershed is locked at the 3350 position. As long as the gold price fails to effectively break through this resistance band, the weak point should still be maintained in the short term.
The decline has not continued today, but instead there has been a rebound in bull buying support, but 3350 is still the dividing line of strength and weakness. The future market is likely to maintain a low level correction and run within the decline range on Tuesday. We need to pay close attention to the short-term support level of 3295. If the standard is lost, it may further fall below the previous low of 3274. In terms of operational thinking, we will keep a decline when it is high, and it is recommended to look at a decline in the 3355-60 area. Overall, in terms of today's short-term gold operation ideas, He Bosheng recommends that rebound short sellers should be the main focus, and pullbacks should be the auxiliary focus. The short-term focus on the 3357-3367 line of resistance above, and the short-term focus on the 3320-3310 line of support below.
The latest market trend analysis of crude oil:
Crude oil news analysis: After two consecutive days of correction, international oil prices stabilized and rebounded on Wednesday, and the market reassessed the short-term easing of the situation in the Middle East and changes in crude oil supply. Brent crude oil futures rose $0.75, or 1.1%, to $67.89 per barrel; WTI crude oil rose $0.71, to $65.08. Previously, U.S. air strikes damaged Iran's critical facilities, which did not xmmarkets.cnpletely destroy its capabilities, triggered short-term concerns about supply chain disruptions. As geopolitics ease temporarily, the market also shifts its focus to inventory data. The latest data from the American Petroleum Association (API) shows that as of the week ending June 20, U.S. crude oil inventories fell by 4.23 million barrels, far exceeding market expectations of 2.5 million barrels, indicating that refinery demand continues to be strong. Oil prices showed signs of stabilization under the dual effects of geopolitical risk mitigation and API positive inventory data, but the basis for rising is still relatively fragile. In the next few trading days, the Strait of Hormuz security and the official EIA inventory report will become the key to whether the bulls can continue. Stay cautious in the current volatile situation and pay close attention to changes in the technical support zone and US policy trends.
Crude oil technical analysis: From the daily chart level, the medium-term trend fluctuates upward test around 78. The K-line closes to a large physical negative line, and has not yet destroyed the moving average system, and is still supported. The medium-term objective trend is unchanged. However, from the perspective of momentum, the MACD indicator crosses downward above the zero axis, indicating that the bulls' momentum is weakened, and it is expected that the medium-term trend of crude oil will fall into a high-level oscillation pattern. The short-term (1H) trend of crude oil continued to decline slightly, with limited downward trend, and oil prices hit a low of 64. The moving average system suppresses the downward trend of oil prices, and the short-term objective trend direction is downward. From the perspective of momentum energy, the MACD indicator opens upward at a low level below the zero axis, and the short-selling momentum is insufficient, and the long-selling force is not performed well.The momentum is getting stronger. It is expected that the crude oil trend will continue to decline during the day, with the main short-term thinking. Overall, in terms of today's operational ideas of crude oil, He Bosheng recommends that rebound high altitudes should be the main focus, and the retracement should be the low long as the auxiliary. The short-term focus should be on the 67.5-68.5 line resistance at the top, and the short-term focus should be on the 63.0-62.0 line support at the bottom.
He Bosheng's message: The trading market will not sympathize with the weak, nor will it believe in tears. The only thing that can help you is to find your own trading system and profit system. The most unbelievable thing is your eyes. What you see is the basic and deepest routine. The trends seen by the whole world must be the beginning of the end. The 28th law of the market is eternal. Most traders are actually instinctively pursuing a sense of security and certainty. People are afraid of uncertainty, so they hope that they can see the truth but the reality is that certainty will never appear, and uncertainty is the only truth. Only change remains unchanged. Only when you accept uncertainty and sense of security will arise naturally. Admit it, we will never predict the future. This world is nonlinear and cannot be accurately measured! So, stop wasting your energy on chasing God and creating God! Only by being tolerant, understanding, learning and then cooperating with position, mentality, risk control and technology can you be proud of yourself.
This article is exclusively planned by gold crude oil analyst He Bosheng. Due to the delay in online push, the above content is personal advice. Because the online publication is timely and the suggestions in the article are for learning reference only, and the risks of operating based on this are at your own risk. No matter whether the views and strategies of the article are consistent with everyone's opinions, you can xmmarkets.cne to me to discuss and learn together! There is nothing difficult in the world, I am afraid of those who are interested. Investment itself carries risks, reminding everyone to identify the authoritative platform and the strong teacher. Fund safety is the first priority, secondly, consider operational risks, and finally how to make a profit.
The above content is all about "[XM Foreign Exchange]: Analysis of the latest market trend of gold fluctuating and rising in 6.26, and the exclusive long and short operation suggestions for crude oil today". It was carefully xmmarkets.cnpiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
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