Xu Bohong:5.4Long bearish adjustment of crude oil futures under pressure&International gold skyrocketed high and fluctuated

The financial market is fair to everyone, and since someone is losing money, there must be someone making money. But there is really no shortcut to making a profit in investment. Just like an ascetic monk, he works diligently every day and accumulates knowledge. In addition to providing some investment experience and learning methods, Xu Bohong's analysis team hopes to find like-minded investment friends to learn and discuss together. Xu Bohong wishes all investment friends to break free from the fate of losses, and I also hope to have better opportunities to help investors take it to the next level!
　　
Don't worry about the vague future, only strive for the clear present. Not confused by the ups and downs of short-term market trends, only considering the layout points of trend markets. Short term investment is speculation, long-term speculation is investment, trends can create wealth, and short-term fluctuations can only cultivate sentiment. The long and short layout of institutions, combining virtual and real, and concealing information, requires a vision to detect opportunities in advance in order to seize them. The money in this market is sometimes easy to come by, but sometimes easier to go by. There is no need to search for the source of the money, but it is important to understand the reasons for the money. When there are multiple losses on the same issue, then I think you have found a way to make a profit. Worried and fearless, no one can be pitied. If you risk everything, you will lose the game. Only by playing steadily can you have a chance to win
　　
　　crude oilMessage surface:
　　
Crude oil; On Friday, international oil prices continued to rise,WTIcrude oilfuturesAscend to20dollar/Above the barrel, the intraday rise exceeded6%, reaching a new high in two weeks; Brent crude oil futures rose above expectations4.7%Report27.76dollar/Bucket. Afterwards, it turned downward and approached at one point18The US dollar barrier. But it rose again in the evening, as of20:00，WTICrude oil futures return20dollar/Above the barrel, Brent crude oil futures rose within the day, reporting26.51dollar/Bucket. Oil prices have risen for three consecutive trading days due to intensified global production cuts and signs of recovery in the physical market. enter5After the month, major oil producing countries such as Saudi Arabia and Russia will implement joint production reductions in accordance with the agreement97010000 barrels/Heaven. Amidst the urgent situation of global oil storage space approaching saturation, there have been reports that Saudi Arabia has started to reduce production ahead of schedule. OPEC's rotating chairman called for full implementation on Friday4The monthly production reduction agreement calls for the implementation rate of production reduction in various countries of the group to exceed100%. According to reports, according to the OPEC agreement, Basra in Iraq has started to reduce production, and Norwegian oil, Kuwait Oil Company, Oman Oil, and others have also started to reduce production. As news of the reduction continues to spread, concerns about oversupply among market participants are gradually easing.
　　
Analysis of crude oil trend:
　　
Looking at the crude oil daily chart, crude oil closed at the physical bullish candlestick yesterday, and the Asian session opened with crude oil15The first line of stabilization is beginning to rebound, influenced by the previous day's crude oilEIAThe impact of positive data led to a sharp rebound in crude oil, as there were signs that the U.S. crude oil surplus was less than expected, and the crude oil demand hit by the restrictions of the COVID-19 epidemic began to rebound. However, Xu Bohong believes that the rebound is minimal, and no one should mistakenly believe that the collapse of the global energy market is coming to an end. At the beginning of the European market, crude oil has been gradually rising and stabilizing17The performance of the first tier prices is very strong, and Xu Bohong also followed the strategy to lead offline customers to buy long today and seize the profit space. The US market prices have been constantly reaching new highs, but the highest rebound has occurred18.6A sharp drop occurred nearby, reaching its lowest point16.5Nearby, in the latter half of the night, oil producing countries announced that they would reduce production and there were signs that the increase in US crude oil inventories led to another stabilization and ultimately stabilization of crude oil prices18First line and closing at19Above, currently with the highest rebound20.4Short term pressure on the front line, Xu Bohong is currently under pressure from4From an hourly perspective, the price has been stabilizing on the front line of the medium rail, and the medium rail has been gradually heading upwards, which is a bit strong in the short term. Overall, Xu Bohong's personal suggestion for today's short-term operation strategy is to focus on a pullback and buy long, supplemented by a rebound at high altitudes, with a focus on short-term operations above21.0-21.5Frontline resistance, short-term focus below17.0-16.5Frontline support. Real time market changes, add author Xu BohongWeiXinNumber（xbh768）Get daily market analysis, unpacking strategies, and guidance on medium - and long-term layout. We welcome like-minded individuals to come and have a long conversation!
　　
　　gold行情消息面：
　　
Gold; US President Trump.The general threat will take retaliatory action against the coronavirus epidemic; Spot gold closed at a close boosted by safe haven demand1700Near the US dollar level, it has rebounded nearly from its daily low30USD. As global production cuts begin to boost the spot market, andOPECAnd its allies have started a record reduction in production, with US oil rising for three consecutive days, and this week it has surged nearly15%. Gold rose on Friday, with spot gold briefly exceeding its limit1%, rebounding lower than the previous day35USD, refreshing daily high1705.86dollar/Ounce, due to US President Trump's tariff remarks, market risk sentiment worsened and US stocks plummeted, stimulating safe haven demand for gold. The relationship between China and the United States will be a factor of concern that cannot be missed, and the market believes that tensions may escalate at any time, and these tensions will definitely be reflected in the gold market. Tewupu seems to suggest that we will put new pressure on China to hold them partially responsible for this economic recession. Possible restrictions on partial debt payments to China have been thrown out. This has made the bond market lose its vitality. Although this situation will not occur as it may have serious consequences in the United States, it does lead some investors to leave the bond market and enter the gold market We see that the performance of the US stock market is relatively weak, and Trump seems to be hinting that trade frictions will resurface; Upon hearing such news, many investors have divested from various assets that may be affected by this and reinvested in safe assets, especially gold.
　　
Analysis of Gold Market Trend:
　　
Gold（4.29）Daytime prices fluctuate and rise before testing1720Near the front line, the European market subsequently launched a correction adjustment as expected, and the US market broke through during the trading period1700、1690Support, retreat below once to1680Nearby, and has been fluctuating at a low level since then. Yesterday, the overall backtesting intensity was relatively strong, and in the early stage1690The upward trend broke through, and the daily line closed at a solid saturated medium negative line, running through the short cycle moving average band. The probability of a pullback increases. From a technical perspective of gold, in terms of daily structure, yesterday's bearish trend was relatively strong, and the appearance of this bearish trend largely made short-term market operations better. In the future, short-term market trends are likely to have inertia and continue to decline and callback. So the focus below is still on following first1680Nearby oscillation, if it falls below, the target area for expected pullback may widen to the previous low point1660Even if it is not ruled out to retreat to areas with high trading intensity in the early stage1650-40The possibility of the region. At present, the focus above is on moving average pressure, namely1695-1705Belt, followed by above1710-1720It is highly likely that it will be difficult to rebound, as yesterday's bearish candlestick penetrated and fell below the moving average,1680The support gained rebounds, but it does not mean stopping the decline. The market is allowed to rebound within the day, but as long as it does not stand above the moving average, it is still advisable to follow the downward trend and operate in the short term4From an hourly perspective, prices are currently arranged in a dead cross pattern,KDJThe phenomenon of rapid decline on the fast line hitting the bottom and rebounding oil,MACDThe red kinetic energy column has weakened in volume, and yesterday's sharp decline needs to be digested for a few days. The rebound is a normal phenomenon, and the pressure level above is mainly in theMA10Daily line and20Below the daily line1697-1703Range, the highest rebound in morning prices was also hindered by1692Nearby, overall, Xu Bohong's personal suggestion for short-term operation is to focus on rebounding from high altitude, with a focus on short-term operations above1710-1715Frontline resistance, short-term focus below1660-1665Frontline support. Friends who have no direction or losses in the market can find Xu Bohong:xbh768Solve it, even small funds have the conditions for profitability. Large funds make big profits, small funds make small profits, and act within our capabilities!
　　
　　{Investment considerations}
　　
1： What are the investment precautions?
　　
　　1In precious metal investment, it is necessary to fully understand the risks and benefits, the probability of winning and losing money, and several major issues to prevent. If there is no clear understanding of risk prevention and buying and selling at will, losing money is inevitable. Generally, as long as strict stop loss and stop profit measures are set for orders, and light positions are placed for orders, risk can be well controlled.
　　
　　2Knowing oneself and the enemy, one will never be defeated in a hundred battles. But in the gold market, self-awareness is paramount, and investors need to understand their own personalities, as those who are prone to impulsiveness or emotional tendencies are not suitable for this investment. Most successful investors are able to control their emotions and have strict discipline, effectively restraining themselves. So, only those who know themselves can ultimately win in the gold market.
　　
　　3In a sense, sometimes misreading the market trend or suddenly reversing the situation after placing an order can lead to the order being trapped, which is a normal phenomenon that even experts cannot avoid. However, the stupidest behavior in decision-making and post event handling stems from the mentality of small business owners. Successful investors will not blindly follow the opinions of others. When everyone is in the same investment position, especially small investors who are also following suit, successful investors will feel dangerous and change their course.
　　
　　4The market is real, don't be sentimental, overly yearn for the future and reminisce about the past. A senior trader said: A person full of fantasy, rich emotions, and very exposed is a beautiful and happy person, but he is not suitable for being an investor. A successful investor can separate his emotions, fantasies, and trading.
　　
2： What kind of orders can easily lead to losses
　　
　　1The position is too heavy. Belongs to the category of excessive trading. This is the main reason for the loss.
　　
　　2Not willing to admit mistakes: Once the direction is wrong, one cannot make a quick decision, but rather resist until losses occur.
　　
　　3No single stop loss is set.
　　
　　4Frequent entry and exit, excessive trading.
　　
　　5Go against the market and add a dead code.
　　
　　6Blindly following orders.
　　
The two most important aspects of investing are: firstly, to understand and analyze a market trend; The second is to understand risk control, and as an investor, one should have a good mentality and correct investment concepts; Positive people see an opportunity in every crisis, while negative people see some kind of crisis in every opportunity; Faced with volatile market conditions, we must seize every opportunity. Seizing an opportunity is equivalent to seizing tomorrow!
　　
　　{Xu Bohong}Order principle: Principal is the king, follow the trend is the king, point is the phase, stop loss is the holy!
　　
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