Kong Huanjin:6.29International gold, crude oil trends and operational recommendations!

Kong Huanjin:6.29International gold, crude oil trends and operational recommendations!


Monday（6month29During the Asia Pacific period, the overall risk sentiment in the market was relatively low, and the Asia Pacific stock market fell sharply across the board. The US dollar index further accelerated its decline to97.14Low point, the intraday decline widened to0.37%. At the same time, international spot gold has maintained a fluctuating upward trend, with a slight increase in intraday prices0.06%The highest daily hit1775.41dollar/ounce.
[img]https://www.myleguan.com/lf//dict_upload_file_module_3/20200629/jpg/47428258441139408r23522.jpg[/img]


International Gold Trend Analysis: Gold saw a strong positive rise last week, with both weekly and daily chart entities closing higher. Regarding the abnormal trend of last Friday's late market, the market attributed it to the impact of safe haven buying caused by the second pandemic. However, such a sharp band trend is also too abrupt. However, the downward movement before the pull up also gave the market a signal that the current upward focus is still unstable, The rise based on the so-called risk aversion sentiment is also not firmly grounded, and there may be a significant rebound at any time due to the reduction of risk aversion sentiment.


This week is another Super Week, with monthly closing on Tuesday night, and the market's long and short positions vying for positions became a key focus at the beginning of the week. At present, in the daily structure, the daily moving average is in a bullish arrangement, and the market has also returned5Above the daily moving average, there may be further extension in the short term, but there is also a trend line pressure measurement above it1790Nearby, the future may also rise to1800Nearby, however, it is also important to note the risk of another peak deviation in the indicator after the next high point occurs. For friends who currently have a hedging position, as the author Kong Huanjin is not aware of the location of your hedging position and the specific situation of the position, it is difficult to provide corresponding unwinding strategies. Friends who need to unwind can use a single linekhj8848obtain.
[img]https://www.myleguan.com/lf//dict_upload_file_module_3/20200629/jpg/47428268877987374r86206.jpg[/img]


After pulling up and rising in the morning, the gold price has shown signs of correction, so we will not consider pursuing a long position for the time being,4From an hourly structure perspective, the overall price remains at1775to1760Within this range, strong support focuses on1756The bullish structure will continue on the market. Due to the strong increase in gold prices in the past year, a new high is inevitable, but we do not want it to rise too fast. The market needs to steadily advance, and a slow rise will be a good way to consolidate the trend. Therefore, in terms of operation, we should mainly focus on buying long on dips. Do not break the high point and participate in pressure measurement and short selling. proposal1774-77Clear the area first, defend1785, look at the goal1765Break the position to see1758retracement 1762-63Consider going long and defending here1755, look at the goal1770-73。


International crude oil trend analysis: US crude oil last Friday（6month26At the beginning of the Asian market, the market was basically held at39.0Wandering on the front line; In the European market, crude oil lifted and touched39.325dollar/After the intraday low, the barrel began to decline and continued to decline; Until the US market, due to the surge of COVID-19 infection cases in some parts of the US, investors began to reassess the impact of the COVID-19, and crude oil expanded its decline and lost again38.0USD level, lowest in session37.62dollar/Barrel, as of closing, oil prices have slightly rebounded from intraday lows and closed at38.0Above the US dollar level.
[img]https://www.myleguan.com/lf//dict_upload_file_module_3/20200629/jpg/47428277579049932r33441.jpg[/img]
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On a daily basis, crude oil was hindered as expected last FridayMA5The daily moving average has started to explore high and fall back, but it has not effectively missed the middle trackMA20The daily moving average position, with a closing shadow of the mid yin, while various technical indicators tend to be bearish, may continue to decline;4From an hourly perspective, crude oil started last FridayVType reversal, hindered by another drop in the mid rail position, currently showing signs of closing in Bollinger,MAThe moving average is about to once again break out of the double dead cross pattern,KDJThree lines of random indicators converge downwards,MACDThe green kinetic energy column of the indicator continues to increase in volume, with the fast and slow lines parallel downward. Overall, the current increase in crude oil is limited, and it may continue to rise and fall. For intraday operations, it is recommended to mainly rebound and short,38.0-38.5Close in, defend38.9, look at the goal36.0-37.0Nearby;