Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
CATEGORIES
News
- 【XM Group】--USD/ZAR Analysis: Higher Value Tempting for Speculative Consideratio
- 【XM Market Analysis】--AUD/USD Forex Signal: Bearish Price Channel Continues
- 【XM Forex】--GBP/USD Forex Signal: Bears Prevail Ahead of US Nonfarm Payrolls Dat
- 【XM Forex】--GBP/USD Analysis: Bearish Trend Holds at 1.25 Support
- 【XM Market Analysis】--USD/INR Forecast: US Dollar Continues to Flex Against the
market news
7.16 Gold’s latest market trend analysis, exclusive operation suggestions for crude oil today
Wonderful introduction:
Let your sorrows be full of worries, and you can't sleep, and you can't sleep. The full moon hangs high, scattered all over the ground. I think that the bright moon will be ruthless, and the wind and frost will fade away for thousands of years, and the passion will fade away easily. If there is love, it should have grown old with the wind. Knowing that the moon is ruthless, why do you repeatedly express your love to the bright moon?
Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Analysis]: Analysis of the latest market trend of gold falling at a high level of 7.16, and exclusive operating suggestions for crude oil today." Hope it will be helpful to you! The original content is as follows:
Those who save yourself can save others. The hard thing is not that you make profits every day, but how to solve it when you are in adversity. Human will will shake with the passage of time and the influence of objective things. In good times, you must seek internally. Only those who know themselves can be wise and go to a higher point. In adversity, you must seek internally. Only when you are strong can you overcome the enemy and win! All external roots www.xmhouses.come from our inner world! We cannot change the uncertainty of objective things, but only by following the laws of objective things from the beginning to the end can you go further! And the so-called laws are actually in historical data Faits accompliance! Human nature is difficult and easy, so history will repeat itself! Just like spring, summer, autumn and winter, four seasons of reincarnation, birth, old age, sickness and death, joy, anger, sorrow and happiness! The same is true for the market! Because the essence of the market is the game of human nature!
The latest gold market trend analysis:
Gold news analysis: On Tuesday (July 15), the US Department of Labor released the highly-watched consumer price index (CPI) data in June at 20:30 Beijing time. After the CPI data was released, the financial market responded quickly, showing investors' recalibration of inflation data and monetary policy expectations. The US dollar index (DXY) fell 16 points in the short term after the data was released, reflecting the market's interpretation of the core CPI slightly lower than expected tendency. The gold market's response is particularly sensitive, and the core CPI is lower than expected to push spot gold to rise by $6 in the short term, indicating that safe-haven demand has rebounded temporarily. In the short term, the probability of the Fed keeping interest rates unchanged in July is close to 100%, but the moderate performance of the core CPI is retaining the possibility of a rate cut in September or earlier. The market needs to pay close attention to subsequent data, especially the July CPI and PCE price index to judgeWhether inflation will continue to heat up.
Gold technical analysis: Gold ushered in a pullback yesterday after hitting 3275, which is within our expectations; yesterday also emphasized the short-term pressure of 3375~80, and gave shortages of 3370-72. The final market fell to the 3341 line, and the daily line closed with a small negative line. After three consecutive positive trends, the negative correction was seen for the first time. We gave a long 3344 in the morning trading today. Today, we looked at the daily line turning positive. This week, the 3375 further increased the 3400 mark; the daily moving average diverges upward to support the bulls, and we are optimistic that the bulls will rise. However, if you want to rise, you must make a strong point today, otherwise the bulls may end at any time! The current support level is near the daily line ma5 and the middle track, and the next step is still the focus. If you want to rise, you cannot go down here. If you go down, you will continue to sweep the 3320 and 3300 marks; today's European session also broke the high without continuing, and the US session formed a retracement bottom to test the ma5 support level. As long as the middle track does not fall, the short-term will continue to touch highs. Therefore, the operation is very clear. Relying on the middle track support in the short term, the upper resistance is 3665-3375. The daily Bollinger band continues to close. If the upper 3375 is not broken, do not chase the rise at a high level, beware of high-level selling. Overall, in terms of today's short-term gold operation ideas, He Bosheng recommends that pullbacks should be long and rebounds should be short. The short-term focus on the upper short-term focus on the 3350-3360 line of resistance, and the short-term focus on the 3320-3310 line of support. (The strategy is timely, and more real-time layout strategies are announced within DingTalk students)
Analysis of the latest market trend of crude oil:
Analysis of crude oil news: During the US session on Tuesday, oil prices fell slightly. Brent crude oil futures fell 5 cents to $69.16 a barrel; U.S. WTI crude oil fell 9 cents to $66.89. In the previous trading day, the prices of both benchmark oil fell by more than USD. The core driver of price fluctuations www.xmhouses.comes from uncertainty in geopolitical and trade policy. U.S. President Trump announced on Monday that he would provide Ukraine with a new round of weapons aid and issued a 50-day ultimatum to Russia, demanding it reach a peace agreement, otherwise sanctions would be imposed on countries that purchase Russian oil. However, after the market pushed up oil prices in its initial reaction, it gradually gave up its gains because there is still uncertainty about the implementation of this sanction, especially after Trump proposed a buffer period, the market expects that sanctions may be avoided.
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 has formed a false breakthrough on the upper edge of the range. After oil prices hit 68.20, they fell due to strong resistance and fell directly to a position near the bottom of the range. The short-term objective trend direction turns into a range downward. The MACD indicator passes through the zero axis, and the short-selling momentum is full. Crude oil still appearsWith strong repetition, it is expected that the crude oil trend will remain mainly fluctuating within the range. 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 69.0-70.0 line resistance at the top, and the short-term focus should be on the 65.0-64.0 line support at the bottom. (The strategy is timely, and more real-time layout strategies are announced within DingTalk students)
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 www.xmhouses.come 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 Market Analysis]: Analysis of the latest market trend of gold falling at a high level of 7.16, exclusive operation suggestions for crude oil today", which was carefully www.xmhouses.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
Share, just as simple as a gust of wind can bring refreshment, just as pure as a flower can bring fragrance. The dusty heart gradually opened, and I learned to share, sharing is actually so simple.
Disclaimers: XM Group only provides execution services and access permissions for online trading platforms, and allows individuals to view and/or use the website or the content provided on the website, but has no intention of making any changes or extensions, nor will it change or extend its services and access permissions. All access and usage permissions will be subject to the following terms and conditions: (i) Terms and conditions; (ii) Risk warning; And (iii) a complete disclaimer. Please note that all information provided on the website is for general informational purposes only. In addition, the content of all XM online trading platforms does not constitute, and cannot be used for any unauthorized financial market trading invitations and/or invitations. Financial market transactions pose significant risks to your investment capital.
All materials published on online trading platforms are only intended for educational/informational purposes and do not include or should be considered for financial, investment tax, or trading related consulting and advice, or transaction price records, or any financial product or non invitation related trading offers or invitations.
All content provided by XM and third-party suppliers on this website, including opinions, news, research, analysis, prices, other information, and third-party website links, remains unchanged and is provided as general market commentary rather than investment advice. All materials published on online trading platforms are only for educational/informational purposes and do not include or should be considered as applicable to financial, investment tax, or trading related advice and recommendations, or transaction price records, or any financial product or non invitation related financial offers or invitations. Please ensure that you have read and fully understood the information on XM's non independent investment research tips and risk warnings. For more details, please click here