Yu Yue on Jin:6.23Analysis of the bullish and bearish market trends of gold and crude oil today and the latest operations...

　　goldLatest Market Analysis


Technical analysis of gold: The white gold market continues to fluctuate and repair as expected, while the European market retreats below1823On the first line, the low point of the pullback is basically near the expected downward channel, and the market rebounded significantly before late trading. At one point, the upward pressure was measured to1847frontline. From the hourly chart structure, gold is retreating during the day1823The rebound in the vicinity is in line with technical expectations, but the current short-term rebound amplitude still appears to be relatively large, but it has not exceeded the expected range. However, after the current market rebounds below the moving average, the short-term trend also carries the risk of a change in price. Although gold has dropped to its lowest point today1822The low point, but it has stretched again and has reached the low point so far1840upper. Although falling below1830Many people believe that the trend has changed, but in fact, I once thought it might be about to reverse. However, gold has never physically broken through1825Here, so I also have doubts, it is likely to be a decoy. Sure enough, the current rebound is on the rise1840upper. At present, the areas that gold needs to pay attention to are still1835-30Here, it remains an important support position for gold.



Gold rebounded rapidly after today's negative decline, seemingly not small in magnitude, but it is still far from the open range（1820-1855），4Hours have been trading sideways for two consecutive days this week without any signs of reaching a high, as they fell behind yesterday1830The low point indicates that the short term is unable to further touch high and upward, but rather weakens after consolidation. Currently4The hour structure broke through the previous upward trend line of rebound, and reversed the weak trend and fell back, reaching today's high point1847.70To defend, we will first look for a downward trend today, and it is expected that the market will be weak. In the future, we will explore a downward trend first.1The hour chart shows slight passivation. Accompanied by a consolidation style decline, but the space has not been released. After a long period of horizontal consolidation, the short-term rhythm is still oscillatory, and the direction is in a downward trend. After yesterday's high and low, the short-term trend will weaken first. Overall, in terms of short-term operation strategy for gold today, it is recommended to mainly focus on going long by stepping back, supplemented by rebounding high, with short-term attention from above1850-1855Frontline resistance, short-term focus below1820-1823Frontline support.



　　crude oilLatest Market Analysis


From a technical perspective, crude oil was produced by Xiaoyangxing yesterdayKLine sorting and leveling, with the highest rebound reaching111.16Under pressure on the front line, the market closed relatively low in the end. It began to weaken after opening today. After two trading days of consolidation and correction, the daily line showed signs of further downward trend in the short term, and the conversion after consolidation weakened. In terms of technical structure, the daily line is still in the process of retreat.4The rebound correction in the downward step of the hour, which hit the pressure on the Bulling Road mid track yesterday, although it did not lower in the end of the day, it began to decline at the beginning of today's trading, with signs of a downward break near the low point,4Looking back at the hour.1The extended wave in the downward wave of the hour chart, the previous high point of the step has not been recovered, and yesterday's rebound was also the last high point of the previous late rebound112.20Under pressure. Overall, the short-term operation strategy for today is suggested to focus mainly on rebounding from high altitude, supplemented by a pullback from low, with a focus on short-term operations above108-109Frontline resistance, short-term focus below100-101Frontline support.