Xie Hongyuan:5.8Non agricultural layout,5.7Suggestions for Operation of Gold Crude Oil with Solution

already existing 686 Secondary Reading2020-5-7 22:01

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Making investments lies in decisiveness, not just a single minded approach. If a situation is not right, decisively stopping losses is the most important thing. When the direction is wrong, decisively stopping losses is the truth. The market is constantly changing, who can be right? Controlling risks and doing a good job in stopping losses is the long-term solution. The so-called heavy position, without stopping losses, is just betting on one's own hard-earned money. When facing mistakes, one must admit them. Only by admitting mistakes can one reorganize one's thinking. Investment requires a rhythm, and one must know that every step is wrong. Only by decisively controlling the extension of mistakes can one reduce losses, adjust their state, and welcome returns. If you do not have strong funds and are unwilling or unwilling to stop losses, then you must be the target of the market.

Gold Message:

I don't know if you have noticed that the recent economic data has a decreasing impact on the price of gold. Last night, the market situation of small non farmers told us that gold is almost immune to economic data. At this time, we need to pay more attention to some easily overlooked indicators, such as gold demand.

According to the latest data released by the World Gold Council last week, central banks around the world are still increasing their holdings of gold. The report points out that due to the volatility and uncertainty of financial markets, global official gold reserves increased in the first quarter145Tons.

But it is worth noting that as the world's number one gold buying frenzy, the Russian Central Bank has announced that it will4Starting from the end of the month, the long-term gold purchase plan may be a signal of a significant decline in net purchases by global central banks in the future.

Looking ahead to the future, what impact will the central bank have on gold prices if it no longer purchases gold on a large scale?Will the supply and demand pattern of gold be rewritten? Personally speaking, the rise and fall of the market cannot be achieved overnight due to a single factor. Therefore, it is recommended that investors conduct comprehensive analysis based on various factors. Hongyuan is also willing to communicate with everyone and make progress together!

Gold technical aspect: From the daily chart of spot gold, the gold dayKCollect a small positive line, and after a solid positive line, collect two small positive lines, and close close close to the top area of the previous period before retreating,MACDContinuing to diverge above the zero axis indicates that the overall upward trend of gold has not changed as a result. The daily moving average system diverges upwards and prices remain at20Above the daily moving average, it indicates that the current price is still in a strong market.

Spot gold from4From the hour chart, it can be seen that gold1670Frontline support stops the decline and rebounds, and gold returns to near the Bollinger track, with indicatorsKDJTurning the head upwards and crossing the golden cross, the short line presents a certain upward potential energy. The opening of the Bolin Line, with gold prices leaning towards the middle track of the Yanbulin Line, is currently being explored1710The resistance near the integer level, if accidentally breached at this position, will weaken the short-term bearish signal, and gold is even expected to return to the Bollinger Line track1722Nearby resistance. Overall, Xie Hongyuan's personal suggestion for today's short-term operation is to focus on a pullback and buy long, supplemented by a rebound in high altitude, with a focus on short-term operations above1720-1726Frontline resistance, short-term focus below1670-1665Frontline support.

Latest operating suggestions for gold:

1The rebound above the gold does not break1715-1720Short on the front line, stop loss4US dollars, look at the target1705-1695frontline;

2The pullback below the gold does not break1680-1675Long on the front line, stop loss4US dollars, look at the target1690-1695frontline;

Crude Oil News: Yesterday's US Energy Information Administration(EIA)The report released on Wednesday evening showed that5month1Day and week,EIAReduced gasoline inventory315.8Ten thousand barrels, previously expected to increase4.3Ten thousand barrels, decreased in the previous week366.9Ten thousand barrels; Increase in commercial crude oil inventory excluding strategic reserves45910000 barrels to5.322Billion barrels, growth rate0.9%。 US crude oil exports increased last week24.410000 barrels/Solstice354.610000 barrels/Day, crude oil production decreased2010000 barrels to119010000 barrels/Day, falling to2019year7New low since the beginning of the month. Crude oil inventory459Ten thousand barrels, expected775.9Ten thousand barrels, previous value899.1Ten thousand barrels; Both crude oil and gasoline inventory data showed a bullish trend in crude oil prices; Therefore, after the data, crude oil quickly rose, but in the end, it still ended down!

Technical aspect of crude oil: Yesterday, the physical negative line was collected and ended6Continuous positive trend, influenced by Wednesday morningAPIData is bearish, crude oil rises and falls during the opening session, while crude oil strengthens and rises during the Asian session26Above the front line but did not stabilize upward, followed by26Out of the decline, crude oil has been fluctuating and falling during the opening of the European market. We are prepared in advance to26.2Short selling also started to fall without giving a point. Xie Hongyuan believes that due to the higher than expected increase in US inventory and the decline in demand driven by the COVID-19 pandemic, there is a renewed focus on the risk of oversupply in Saudi Arabia5Monthly crude oil exports are expected to decrease to nearly10The lowest level in years. So there will be some high volatility in the short term of crude oil, and the US crude oil market will break through in the evening25First line, lowest touch24Nearby Xie Hongyuan followed the lunch strategy with offline customers23.4Going long and bullish, causing prices to break through24After the first line, it regained its grip again, and the US market opened with crude oilEIAData is bullish, crude oil strengthens in the short term, pulls up a wave of hits24.8We have successfully eliminated multiple orders on the first line, but prices have been under pressure since then25There was not much fluctuation in the lower end of the trading day, and crude oil hit a small decline this morning23.4First line, but currently it has stopped falling, rebounded and stabilized24Above, Xie Hongyuan is currently working from4From an hourly perspective, crude oil hit the upper track of the Bollinger Belt and then rose and fell back, but the price has been running above the middle track of the Bollinger Belt. Moreover, the middle track of the Bollinger Belt is a bit flat and has a slight fluctuation in the short line. Therefore, based on comprehensive analysis of the operation, Xie Hongyuan suggests operating at high altitudes and low altitudes. Please pay attention to the above28-28.2One line of resistance, pay attention below23.5-23.8Frontline support. The market is constantly changing, and it is necessary to obtain daily online real-time guidance on operational strategies and solutions. You can go to Liaoxi Hongyuan, and I will try my best to solve your problems.
writing/Xie Hongyuan(VX:xhy130910Good job: Xie Hongyuan), wandering between the Yin and Yang lines, planning to sell slag up and down! Daily simple and clear morning reviews, afternoon reviews, and evening reviews are available online throughout the day to dissect financial market trends, gain insight into the fundamental trends of the market, and safeguard your funds! I am Xie Hongyuan, your mentor and friend on the road of gold investment.

Hongyuan's Message:
[size=3][font= ]Attitude determines hardship and joy, concept determines success and failure, and the simpler a person is, the more peaceful their trading becomes. Many times, you would rather be killed in battle against the tide than reflect on yourself. A drop of ink can stain a glass of water, but it is difficult to muddy a river because a generous heart can accommodate it;One sentence can ruin a temporary mood, but it is difficult to determine a person's life, because fate is in one's own hands;An accident can make your footsteps heavy and difficult to erode your persistent pursuit, because you are "alive" in the market, and because you are strong, the road is ahead. Don't easily stop walking.[/font][/size]

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