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7.3 Analysis of the latest market trends of gold and crude oil surge and today's exclusive operation suggestions and guidance
Wonderful introduction:
Optimism is the line of egrets that are straight up to the blue sky, optimism is the thousands of white sails beside the sunken boat, optimism is the lush grass that blows with the wind on the head of the parrot island, optimism is the falling red spots that turn into spring mud to protect the flowers.
Hello everyone, today XM Foreign Exchange will bring you "【XM official website】: Analysis of the latest market trend of 7.3 gold crude oil surge and exclusive operating suggestions and guidance today". Hope it will be helpful to you! The original content is as follows:
Plan your trading, trade your plan, don’t be lucky in the face of trends, otherwise you will be in pain and upset after being trapped. The more you are confused, the more panicked you become, the more at a loss, and then you will continue to increase your positions against the trend, and the result will be extremely painful. The market is full of opportunities, and opportunities are reserved for those who are prepared. If you miss the opportunity every time you miss it, you will be slapped and then slapped your thighs again. Don’t be too xmmarkets.cnplacent when making money in the market, and don’t be depressed when losing money. Try to maintain a balance and have a professional view of your trading. Don’t expect that this or that will happen in the trading. What you are looking for is careful consideration of the facts, rather than catching up on the wind and shadow.
Analysis of the latest gold market trends:
Analysis of gold news: Gold ushered in a new round of rising craze in early July! Gold prices surged more than 1% on Tuesday, hitting a recent high of $3,358, and finally closed at $3,338, achieving two consecutive gains. Behind this wave of market is the Trump "big and US" tax cuts and expenditure bill that just passed by the US Senate has ignited the market's risk aversion. At the same time, this week's non-farm employment report will become a key clue for investors to judge the direction of the Federal Reserve's policy. Economists predict that non-farm jobs could increase by 110,000 in June, and the unemployment rate may rise slightly to 4.3% from 4.2% in May. If employment data performs weakly, market expectations for interest rate cuts may heat up, pushing up gold prices. On the contrary, if the data is strong, the short-term rise in gold may be affected by *, but in the long run, inflationary pressures and trade uncertainty will still support gold prices. In addition, investors should also pay attention to the number of layoffs of challenger xmmarkets.cnpanies in the United States in June, which may also affect market sentiment.
Technical analysis of gold: After the ups and downs throughout the day on Tuesday, gold temporarilyThe highest hit is 3357 high. As I predicted before, this wave of gold started to rebound after forming a double bottom at 3245, and after standing firm at 3330, it may form a unilateral upward trend. The market has shown the strength of bulls' counterattack, which has xmmarkets.cnpletely verified my judgment. This week, we need to focus on non-farm data, which will significantly affect the short-term market trend. After gold bottomed out on Monday, it rose continuously on Tuesday, reaching a mid-term peak of 3357, perfectly fulfilling the bullish expectations of this cycle. The US market pullback to around 3335 is normal fluctuation. After all, bulls cannot achieve it overnight. Technical adjustments are actually a process of accumulation. The bullish trend of gold has not changed, and a brief adjustment is only for a better rise in the future.
From a technical point, the unilateral upward high point on Tuesday happened to be in the daily Bollinger middle and 4-hour Bollinger upper rail, and the short-term decline was xmmarkets.cnpletely in line with the technical rules. The key now depends on whether this wave of adjustment is over. If the daily line remains at a low level and continues to be positive, it will form a "three red soldiers" pattern on Wednesday, and it will open up more room for upward on Thursday and Friday; on the contrary, if it closes negative on Wednesday, you need to be vigilant about the continued adjustment of the upward trend. The adjustment intensity of the 4-hour cycle needs to be observed carefully. The support belt is formed near 3320 and 3300 below, and the specific stop-fall points need to be confirmed during the trading session. 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 3383-3393 line resistance, and the short-term focus on the 3343-3333 line support.
The latest trend analysis of crude oil market:
Crude oil news analysis: During the US session on Wednesday (July 2), international oil prices fluctuated in a narrow range. U.S. crude oil is currently trading around $67.32 per barrel, down about 0.05%; Brent crude oil is currently trading around $67.09 per barrel, down about 0.14%. Although prices fell slightly, the overall remained stable, reflecting the market's cautious balance among multiple factors. Investors are closely watching supply plans for major oil-producing countries, fluctuations in the dollar exchange rate, and performance of U.S. economic data, which together shape the current oil price bureau. Judging from the current market structure, oil prices are trapped in the double cracks between "policy game" and "geographical relief". On the one hand, the continuous increase in production of OPEC+ has made market supply more relaxed; on the other hand, the recovery of manufacturing in Asian countries and the potential interest rate cuts in the Federal Reserve have enhanced expectations on the demand side. However, Brent remains around $67 in the short term, indicating that the market has not yet formed a directional breakthrough. The future direction of oil prices may depend on two key variables: one is whether the OPEC+ meeting will continue to increase production on July 6, and the other is whether the Federal Reserve will start a rate cut cycle ahead of schedule due to employment data.
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. Short-term crude oil (1H) The trend rises from the lower edge of the range, and the upward movement can be performed sufficiently. The short-term objective trend direction remains fluctuating. The MACD indicator penetrates the zero axis, and the bulls' momentum becomes stronger. It is expected that the crude oil trend will still fluctuate within the range during the day, and the resistance effect around 66.40 is paid attention to. 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 69.5-70.0 line resistance at the top, and the short-term focus should be on the 65.5-65.0 line support at the bottom.
He Bosheng's message: I don't have gorgeous language here, only real trading and Mingming Lang Lang's operations. The market has only one direction, neither bulls nor shorts, but right direction. Reasonable risk control + good investment returns allow every retail investor to find the real pleasure of investing, and no longer the hard trading of their own every day but the continuous increase in losses. I have always believed that choice is more important than hard work. A good instructor and a good technical team should be more responsible to customers in addition to bringing profits to customers. Individual investors, if they face the market alone, they are easily confused by the authorities and are caught off guard when encountering sharp rises and falls. If someone can see the situation clearly outside the circle and give the direction, they can do better.
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 official website】: Analysis of the latest market trends of gold and crude oil surge and today's exclusive operation suggestions and guidance". It was carefully xmmarkets.cnpiled and edited by the editor of XM Forex. I hope it will be helpful to your trading! Thanks for the support!
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