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7.11 Analysis of the evening price trend of gold and crude oil and the latest European and American market operation suggestions layout
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Analysis]: Analysis of the evening price price rise and fall trend of gold and crude oil and the latest European and American market operation suggestions layout". Hope it will be helpful to you! The original content is as follows:
The most terrifying thing in the market is not the absence of market conditions, not the absence of opportunities, but the confusion and random orders. A person who doesn’t know where to go is the opposite direction, and the wind blowing from any direction will be the headwind! People who also don’t know how to trade, no matter whether they go long or short, once the market fluctuates, it will be a disaster without any reckless disaster! There is no 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. If you make a poor order or your investment often shrinks, you can talk to He Bosheng and I will do my best to teach you how to fish.
Analysis of the latest gold market trends:
Analysis of gold news: On Thursday (July 11), spot gold fluctuated narrowly in the early trading of the European market, and it is currently trading around $2,380 per ounce. Gold prices surged and fell on Wednesday as Fed Chairman Powell "warmed" the rate cut in September when he testified in the Senate on Tuesday. The market expected U.S. inflation growth to slow down. Gold prices rose to around $2,386 on Wednesday, but Powell's testimony in the House of Representatives was more cautious on Wednesday, causing gold prices to give up their gains and close at 2,371.0Nearly $7/oz. In addition, expectations for a possible ceasefire agreement between Israel and Gaza have risen, and have also suppressed the safe-haven buying demand for gold. More investors continue to wait for more clues to U.S. inflation data.
Gold technical analysis: It is not difficult to see from yesterday's price cycle that the gold price rebounded back to 2355-56 many times yesterday, and rebounded from 2355 to 56. It rose directly after opening today. Today, we mainly rely on 2355 for defense to consider taking the first long order around 2360-61. Although 2350-52 is the most critical support, it may be difficult to give opportunities according to the recent market tension, so long positions are considered to participate around 2360 first. The above focus on the breaking situation of 2371. On Monday, it accelerated after falling below 2371. Yesterday it rebounded to 2370-71 and hit the top and fell back. This point is the current key watershed between strength and weakness. Once it breaks through 2371, it may accelerate the rebound to around 2380-90. The golden hourly line keeps the big positive line high, showing a clear arc bottom pattern. This is a slow pull-up. Waiting for soaring into the sky, the k-line crushes the moving average again, and directly bulldozer passes. It has stepped on the oscillating area and directly pulls up strongly. Continue to look around 2390. 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 2392-2397 line of resistance, and the short-term focus on the 2368-2363 line of support.
The latest trend analysis of crude oil:
Crude oil news analysis: During the European session on Thursday (July 11), international oil prices fluctuated and fell in a narrow range, and US crude oil is currently trading around US$82.52 per barrel. Oil prices fell more than 1% on Tuesday, with the daily line recording three consecutive negatives as traders learned that Hurricane Berill is unlikely to cause long-term supply disruptions after an oil production center in Texas suffered less damage than fears. Brent crude oil futures settled at $84.66 per barrel on Tuesday, down $1.09, or 1.3%. U.S. crude oil futures closed at $81.41 a barrel on Tuesday, down $0.92, or 1.1%. Although some offshore production sites in the United States were evacuated, ports closed and refining slowed, major U.S. Gulf Coast refineries appeared to be less affected after Berill weakened to a tropical storm.
Crude oil technical analysis: Judging from the recent trend of crude oil, the recent market has been maintaining a unilateral upward trend, and the moving average is long-range. However, it is currently affected by the news. From the daily structure, after the US crude oil fell below the 20-day line, it basically locked the possibility of going to the 60-day line and the trend line near the trend line of US$80. However, after the market has been falling continuously, the momentum consumption is almost the same. Therefore, even if the crude oil price revises again, there will be no room for it. Today, pay attention to the stabilization and closing situation of the 81.1 line of the daily middle track. If there is a long lower shadow K similar to the above chart, or even an anti-yang K, then you can decisively retrace the whole day and continue to look bullish.; US oil is still resistant to declines as a whole, so it continues to fall and be bullish. Before the rise channel breaks by 80, do not easily chase short positions. As the market runs, the positions of major moving averages will change. 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 83.5-84.0 line resistance at the top, and the short-term focus should be on the 81.5-81.0 line support at the bottom.
He Bosheng's message: The characteristic of novices is that they do not understand technology and enter the market blindly. They only consider the first question in each transaction: they think that as long as they predict the market rise and fall, they can make this transaction. This approach of focusing on direction and ignoring position has caused traders to fail. In fact, there is a big difference between the "momentum" and the "direction" that follow the trend, because the direction of the market's movement is in a volatile pattern, and the market trend is often global. What I can do here is to help you control your position reasonably, place orders using support and resistance levels, so that every order has reasonableness and traces to follow. The buying and selling points should not enter the market at will, please be responsible for your own funds. At the end of the article, He Bosheng wanted to say that if you really can't grasp the market, you can www.xmhouses.come to find He Bosheng. There will be no loss for you if you have an extra analyst. Always remember one thing: professionals do professional things, and all practical things are only for profits, and cooperation is only for win-win results.
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 www.xmhouses.come to me to discuss and learn! There is nothing difficult in the world, I am afraid of those who are determined. 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 Market Analysis]: Analysis of the evening price price rise and fall trend of gold and crude oil and the latest European and American market operation suggestions layout". It is carefully www.xmhouses.compiled and edited by the XM Foreign Exchange editor. 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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