Guo Shengshan:6.27Today's Precise Trend Analysis of Gold and Latest Operating Suggestions for Crude Oil

　　goldMarket trend analysis:

Monday（6month27At the beginning of the Asian market, spot gold surged and fell back, jumping more than1834Around the US dollar, mainly due to weekendsG7Leaders hold a meeting to discuss sanctions against Russia, and the United States, Britain, Japan, and Canada will ban new Russian gold imports. As a result, Russia has intensified its missile attacks on Ukraine, raising concerns about the geopolitical situation in the market. In addition, the market's expectation of the Federal Reserve's aggressive interest rate hike has cooled, and the US dollar has slightly weakened, providing support for gold prices. However, last week the US stock market surged significantly, recording its largest daily percentage increase in over two years, suppressing safe haven buying demand for gold and limiting its price increase. In terms of US economic data, it is expected that a significant decline in economic data will support the future of gold prices. There is an appropriate relationship between economic data and the overall demand of the US economy, with higher durable goods orders indicating elasticity in household demand. A lower estimate of economic data may be the result of soaring inflation, which damages households' salaries and thus the demand for durable goods. At present, the survey shows that analysts have great differences on the future market of gold, with a slightly neutral view. Most retail investors still tend to be bullish on the future market of gold.

Technical analysis of gold: Gold rebounded last week and underwent pressure testing, which confirmed the current weak state of the market. Today, we will pay attention to it first1820Competition, but as time passes, the probability of this position falling will also increase. Once it falls, you can pay more attention below1812-10Competition, even under the influence of extreme emotions, the market may retreat to1805-00The possibility of finding support in the area. If today's market wants to reverse, stand up1830The above is a technical requirement, but even if one stands firm1830Above, there may not be strong rebound momentum in the short term, as the current fundamentals are relatively light, and the impact on the US dollar trend in the short term should be particularly concerned. Although gold is today1822The position has gained support and rebounded, but the rebound strength is insufficient, which is different from the previous strong rebound. It also indicates that the bull strength is starting to decline, and the decline is about to start. Once the level breaks, the market will directly fall to1815even to the extent that1800Location. After the adjustment of the gold shock, we have chosen the direction again. In summary, Guo Shengshan suggests that the main operating strategy for gold today is to rebound from high altitude, and to step back and lower more, with short-term attention from above1842-1847Frontline resistance, short-term focus below1820-1815Frontline support.

　　crude oilMarket trend analysis:

Technical analysis: Crude oil fell first last week and then rose. The weekly line included a negative hammerhead line, but rebounded higher on Friday with a long shadow line. On the daily level, oil prices rebounded slightly and pierced throughMA5The daily moving average, recorded as a shaded sun, although risingMA10The daily moving average is still under pressure, and next week the focus will be on whether the long positions in crude oil are continuous.4On an hourly basis, crude oil rose significantly on Friday after experiencing a low level operation, fluctuating upwards. Currently, the Bollinger Belt is in an opening period,MAThe moving average moves out of the double golden cross,KDJRandom indicator three line forward, reaching overbought,MACDThe red kinetic energy column of the indicator continues to increase in volume, with the fast and slow lines crossing upwards and breaking through107.0The oscillation range rose. In summary, Guo Shengshan summarized that crude oil has bottomed out and rebounded. In the future, the strategy of high altitude and low multiple is considered for operation. The key to whether the trend changes is the resistance level111.0Whether to break through, follow from above108.5-110.5USD resistance, lower support focus106.2-105.0Area. That is, the minor key rose sharply, while the major key rose slowly.

Suggestions for Monday crude oil operation:

　　1、108.5Short nearby, stop loss7Point, look at the target105nearby

　　2、104Long nearby, stop loss7Point, look at the target107.5nearby

Author/Guo Sheng Shirt

My Interpretation of World Economic News,Analyzing the Global Investment Trends,Has in-depth research on commodities such as crude oil, gold, silver, etc,Guo Shengshan, Technical Director, provides an online solution,Loss recovery,One on one real-time guidance due to network push latency,The above content is personal suggestion,Due to the timeliness of online publications,For reference only,At one's own risk,Please indicate the source for reprinting.