Cheng Jingpeng:6.22What to do with the high-altitude duvet cover for both gold and crude oil? Gold and crude oil morning trend strategy!

     Cheng Jingpeng:6.22goldcrude oilWhat to do with the double high altitude duvet cover? Analysis strategies for the early trading trend of gold and crude oil！



In this market of ups and downs, it is difficult to maintain one's own mindset. When trading, it is important to control risks, maintain one's mindset, stop losses in a timely manner when wrong, hold close to the target, do not blindly follow others, and do not be afraid of making mistakes due to short-term fluctuations, which can lead to confusion and distorted operations. Adjusting one's mindset to cope with short-term fluctuations is something that many investors should do.


As the virus continues to spread, oil prices have risen by over1%However, it has fallen significantly from the high level reached in the early morning session of New York City, and the US oil market briefly rose above the previous high4%, refresh3month6The highest point since the beginning of the day40.60dollar/Barrel; Jing Peng believes that gold ended last week's trading with a positive attitude, as the increase in cases accelerated the trend of safe haven funds flowing into the gold market. Given the resurgence of the epidemic, investors are highly cautious and cautious.

　　International market news


This week, the market will welcome the Dragon Boat Festival holiday, and trading is relatively light. Investors need to pay attention to the exchange's announcements. Attention should be paid to European and American countries in terms of data6LunarPMIData, US initial and continuing unemployment benefits, US first quarterGDP, USA5Monthly durable goods orders and Japan6monthCPIRelated data. Regarding the incident, attention needs to be paid to the New Zealand interest rate resolution, APEC(APEC)Meeting of Senior Financial Officials.


This week, central bank officials from multiple countries will deliver speeches, including Vice President of the European Central Bank, James Sanders, Governor of the Bank of Canada, James McLehm, Chairman of the Chicago Fed, Evans, and Federal Reserve Bostic, which may have an impact on the market and investors need to closely monitor.


　　part1Analysis of Gold Technology


Technically speaking, due to concerns in the market about the development of global health events, gold's safe haven demand has been boosted, and the price of gold hit a weekly high on Friday, rising more than20USD, highest hit1745.26dollar/Ounces, final closing1743.87dollar/Ounces, the daily chart recorded a full bullish candlestick,MACDThe random indicator is moderately flat, with the red kinetic energy column appearing faintly,KDJGolden fork,


Gold prices once hit a weekly high1745.26Post oscillation operation1740Above, but still unable to break the previous triangular convergence pattern, indicating relatively limited action potential. In the short term, there is still a need to be vigilant against the risk of a volatile pullback,5Daily moving average1729.09This is the initial support below, and further support is needed20Daily moving average1720.97Nearby, if it breaks below this position, it weakens the short-term bullish signal;

　　6month17Daily low point support at1713.2Nearby,3month9The daily high is supported by1703.39Nearby, if the position is accidentally lost, the gold price may further test the offline track of the Bollinger Line1694.55Nearby support; However, Jing Peng believes that gold has ended this week's trading with a positive attitude, as the increase in health incidents has accelerated the trend of safe haven funds flowing into the gold market.


Overall, the global anti epidemic situation remains severe. Prior to the emergence of vaccines, any news of improvement will have limited pressure on gold prices. If risk aversion becomes the dominant market theme, it is expected that gold will continue to rise significantly in the coming weeks; If the price of gold persists20If there is support near the daily moving average, there is still a possibility of further upward movement in the future, with preliminary resistance above as a reference1750Integral level, track resistance on the Bollinger Line1755.85Nearby, Jing Peng believes that the gold price needs to break through this position in order to further hit the previous high point1765.43And open up new upward space;


　　Overall, Jing Peng believes that although the gold price has not yet broken through1750At the critical point, but it is expected that after a period of stability, the gold price will still rise. The gold price has not yet broken through1750dollar/The resistance level is in ounces, but the entire gold market is still in a volatile area near years of high levels. From the trend of gold prices in the past few years, it can be seen that the gold market is preparing for a breakthrough. Ultimately, the key issue facing bullish gold is how inflation is expressed.


In response to health emergencies, central banks and governments around the world have implemented various stimulus programs with significant easing measures. In addition, under the influence of economic and trade issues, globalization also faces challenges, which means that inflation has become more important. In this situation, with real interest rates still extremely low, gold has sufficient support and the long-term gold price still needs to be bullish; However, from a short-term technical perspective, gold prices are still in a triangular convergence pattern

Duvet cover

　　part2Golden Technology Operation Strategy


On today's operational strategy, Cheng Jingpengcjp9915My personal suggestion is to sell high and sell low;


　　Focus on resistance above:1750.00、1754.85；


Focus on support below:1729.09；1720.97；


　　Real time market changes, strategy is for reference only. Please consult Cheng Jingpeng for real-time entry and exit points and medium to long term layout information!


　　


　　part3Analysis of US crude oil technology


TechnologyFrom a technical perspective, due to OPEC and its allies increasing production cuts, the market's optimism has been boosted, and oil prices briefly hit a weekly high in mid day trading on Friday, touching40.6dollar/Bucket, final closing39.5dollar/The barrel, the daily line recorded a bullish line similar to the "Shooting Star", and the Bollinger Line's orbit began to close,MACDDead cross but weak kinetic energy,KDJForming a golden cross again, the upward trend of oil prices is still affected3month6Daily low point41.05Nearby suppression,

During Friday trading, oil prices hit a peak of over a week40.6dollar/Back of the bucket falling close2The US dollar, indicating that action can still be limited; The risk of secondary spread of health incidents still limits the increase in oil prices, while some nonOPECOil producing countries are beginning to relax their efforts to reduce production;


Overall, oil prices are still testing the position of the previous gap, and oil prices need to break through and stabilize41.05Only above can a new upward space be opened. If oil prices are under pressure again at this position, we still need to be vigilant about the possibility of a peak correction in oil prices,5Daily moving average38.30This is the initial support below, and if it breaks below this level, it weakens the short-term bullish signal;20The daily moving average is supported by36.72Nearby, if it breaks below that position, increase the short-term bearish signal;

However, as crude oil prices are rapidly approaching the comfort level of at least some major oil producing countries, and Iraq and Kazakhstan plan to further reduce production to make up for it5The incomplete adherence to the practice of reducing production during the month has supported the oil market; The middle track of the Bollinger Line also provides good support for oil prices. If this position is not lost, the bullish outlook on the middle line will remain unchanged; Next week, let's first follow40.6Nearby resistance, if breaking through, look up3month6Daily low point41.05Nearby resistance, located on the upper edge of the gap with a low opening in the sky, and close to the Bollinger Line track. Once broken, it will greatly boost the bullish sentiment in the market, further increasing resistance levels3month2Daily low point43.32；


　Overall, Jing Peng believes that as countries relax their lockdown measures, demand from around the world has gradually begun to rise. But the market is also concerned about demand and supply, as oil prices have risen too quickly before, and global oil demand may not be able to2021Return to pre pandemic levels before the end of the year. Supply issues may resurface, and as prices rise, shale oil production in the United States will resume; In addition, when OPEC and its allies begin to reduce production cuts, oil production will sharply increase; Short term oil prices still face certain downside risks.


So today, in terms of short-term operation strategy, Cheng Jingpengcjp9915My personal suggestion is to prioritize high altitude and prioritize low altitude; The central line focuses on the daily line, the Bollinger Line, and the middle rail35.65Nearby support, this position is not lost, and it is still possible to consider laying out multiple single lines on the centerline;

　　part4US crude oil technology operation strategy


　　Focus on resistance above:40.60、41.05；


Focus on support below:38.30、36.72；


　　Real time market changes, strategy is for reference only. Please consult Cheng Jingpeng for real-time entry and exit points and medium to long term layout information!


　　part5Stable investment and long-term returns


Experience benefits: For investment friends who are interested in consulting and cooperating, it is convenient for mutual trust in future cooperation and can be experienced with screenshots of actual positions3Tian Shou Dan, you can choose whether to cooperate based on your earnings in the future! I believe this welfare is a good turning point opportunity for friends who have suffered long-term losses in the market and investors who have lost confidence. Whether you seize the opportunity depends on your choice.

Because Cheng Jingpeng is not aware of your specific order position, position risk, and other specific order situations, he cannot provide corresponding solution strategies. So friends in need can consult Cheng Jingpeng or follow "Cheng Jingpeng". Here, I still suggest that investment friends do not resist orders in the future, do not hold too many positions, and avoid next time. Not every time you can successfully sell, not every time you go smoothly. Every time you do an order, you should have a plan. For more details, Cheng Jingpeng will provide real-time solutions online in real time, and risk control and subsequent plans will be planned.

　Be good at observing and waiting for opportunities to come. Understand market trends that are always hard to come by. Do not trade market trends that you cannot understand, nor do you think it is necessary to trade in every band. Most traders in the market will miss out on it70%The market situation is characterized by different levels of energy, market knowledge, and trading skills that each investor has at their disposal. Don't expect every profit in the market to be obtained, and don't expect others to earn as much as they do. There are always many trading opportunities that match your ability to interpret the market. Seize these and let go of other trading opportunities that are not suitable for you.




    Author: official account/Cheng Jingpeng (official WeChat account:cjp9915）



    Author's Message:Investment carries risks and caution is required when entering the market; The above personal opinions are for reference only; According to this operation, profit and loss are your own responsibility!


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