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6.27 Gold crude oil surged and encountered resistance and fell latest market trend analysis and today's operation suggestions
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Official Website]: 6.27 Gold and crude oil surged and fell to the latest market trend analysis and today's operation suggestions". 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. You believe in the teacher. I will give you a satisfactory return. You just need it. I happen to be professional!
The latest gold market trend analysis:
Gold news analysis: Gold fell slightly on Thursday (June 26). These reports have aggravated concerns about the future independence of the Federal Reserve, thus boosting the demand for safe-haven assets gold. As of press time, spot gold rose 0.5% to $3,348, hitting a high of $3,350 during the day, and hitting a low of around 3,309. The dollar index fell to its lowest level since March 2022, making gold denominated in USD cheaper for overseas buyers. Gold usually performs well in uncertain times and in low interest rates due to weaker U.S. dollar and reports that U.S. President Trump may replace Fed Chairman Powell in September or October spark market uncertainty. Powell testified in the U.S. Senate on Wednesday that although Trump's tariff policy may trigger one-time price increases, the risk of sustained inflation is significant enough to make the Fed cautious about whether to cut interest rates further. You will be able to follow the United States until June 21 during the dayThe number of people requesting unemployment benefits at the beginning of the week (10,000), the annualized quarterly rate of the US real GDP in the first quarter, and the monthly rate of durable goods orders in May and the monthly rate of the US existing home signing sales index in May. The market is currently paying attention to the U.S. GDP data to be released on the same day and will closely monitor personal consumption expenditure (PCE) data on Friday to obtain further clues about whether the Federal Reserve will cut interest rates.
Gold technical analysis: The situation in the Middle East has eased, gold risk aversion sentiment has begun to fade, and the pressure of the 3400 mark has ushered in a sharp decline. Currently, the lowest drop to 3295 has been achieved and has rebounded. This position happens to be the support point of the upward trend line of the daily line 2955-3120, and the rebound has successfully maintained the 3300 mark. The next day, gold fell to the 3312 low and continued to rebound after it fell, and did not fall below the upward trend support point. The small positive ended in the day, indicating that there is a buying order below as a defense.
Gold is definitely empty from the short-term trend, but it should be noted that the 3300 mark is still adhered to, the upward trend remains intact, and the bulls still have a glimmer of hope. In addition, the situation in the Middle East changes at any time, and it is easy to change the gold trend. Looking at the short-term rhythm, today we focus on the pressure signal of the 3350-55 area. When we touch this area, we can enter the market and place short positions twice. Once we are under pressure, we start a second decline, and it is expected that the lower part will reach 3300 again or even fall below 3295 to a new low. Therefore, for the time being, you must not be blindly rushing to buy at the bottom or chase high prices. Judging from the market trend, there will be a volatile pattern in the near future, and there is still no opportunity to break the range and get out of the big market. 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 3340-3350 line of resistance above, and the short-term focus on the 3305-3295 line of support below.
The latest trend analysis of crude oil:
Crude oil news analysis: In the early trading of the Asian market on Thursday, Brent crude oil futures rose 0.2% to $67.80 per barrel; US WTI crude oil rose 0.3% to $65.12 per barrel. The previous trading day, both benchmark oil prices rose nearly 1%, reversing the decline earlier this week. U.S. crude oil inventories fell by 5.8 million barrels in the week ended June 20, far exceeding analysts' expectations of 797,000 barrels, according to data released by the U.S. Energy Information Administration on Wednesday. Gasoline stocks also unexpectedly fell by 2.1 million barrels, with analysts originally expected an increase of 381,000 barrels. Gasoline supply (representing demand) rose to its highest level since December 2021. Although oil prices rebounded due to a sharp decline in inventory, the geopolitical factors behind it and OPEC+'s production policy are still key variables that determine future trends. Current oil prices may still fluctuate around US$65 in the short term. What the market really needs is the clear direction of the situation in the Middle East and OPEC+ policy. Once new clear signals appear in these two aspects, the oil market will reprice its risk premium.
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 brokenThe bad moving average system is still supported, and the medium-term objective trend is still upward. 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 fluctuates and consolidates in a narrow range, with a very small amplitude. Oil prices repeatedly travel around the moving average system, and the short-term objective trend fluctuates. In terms of kinetic energy, the MACD index fast and slow line slowly rises below the zero axis, with bulls and bears stalemates each other, and one side has no obvious advantage. It is expected that the crude oil trend will remain volatile and consolidation pattern during the day. 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: 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 has doubled in one year, lost half of them in one month, etc. 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.
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 Official Website]: 6.27 Gold and crude oil surged and fell to the latest market trend analysis and today's operation suggestions". 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!
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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