Qin Zeran: Analysis of Next Week's Gold and Crude Oil Market, Latest Trend Analysis and Operational Suggestions...

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Always stay on the front line of investment and maintain a scientific attitude towards the investment market! Refuse to be blind, refuse to be ambiguous - Hello everyone,I am Teacher Qin Zeran!

There are no unprofitable investments, only immature operational models and precise and unique market structure analysis. I amgoldSenior analyst Qin Zeran is proficient in the band trend operation of the gold market, daily high and low short-term operations, has years of in-depth research on the rhythm of the market, has a bold and unrestrained personality, and sharp and accurate trading techniques. Over the years of employment, I have diligently helped countless friends who have fallen into confusion in their investments to get out of the mud. If you have any difficulties, Zeran has clever solutions!

Next week's market analysis of gold:

Analysis of Gold News: Friday(7month29day)International gold price daily chart with three consecutive bullish days, creating7month6New high in recent days1767.80dollar/Ounces, as there are more signs of a possible recession in the US economy, the US dollar index has fallen below106Gateway, creating7month5Recently, it has reached a new low105.531. US GoldfuturesThe price continued to rebound against the backdrop of rising open interest contracts, opening the door for continued upward momentum in the short term. To cope with soaring inflation, the Federal Reserve announced on Wednesday(7month27day)Second consecutive interest rate hike75Basis points. Chairman Powell stated that in the9It may be appropriate to raise interest rates again at the monthly policy meeting, but whether to do so will depend on upcoming economic data, and the Federal Reserve will not provide forward-looking guidance.

According to the latest data from the Chicago Mercantile Exchange, after five consecutive days of correction, the gold futures market on Thursday(7month28day)Open interest contracts have increased by nearly4000Hand. On the contrary, the trading volume reversed and rose for two consecutive trading days, decreasing by approximately29200Hand. Against the backdrop of rising open interest contracts, gold prices have continued to rebound, opening the door for continued gains in the short term. That is to say, the next noteworthy goal appears at a crucial juncture1800US dollars. At present, although the Federal Reserve was willing to sacrifice economic growth in exchange for cooling inflation in the early stage, with the signs of recession emerging as growth slows down and people's concerns about the US economy falling into recession continue to intensify, the Federal Reserve itself has issued a signal to slow down its tightening policy, leaving room for its stance to soften. This indicates that it is possible to gradually reduce the magnitude of interest rate hikes, even if the Federal Reserve's policy shifts towards rate cuts. Gold is walking on the path of dawn!

Technical analysis of gold: Gold rebounded again after a brief fluctuation in the white market on Friday, and the pressure was measured to1768On the front line, the market has since rebounded, but currently it remains relatively strong. The main reason for the gold market's strength again within the day is driven by its own bullish sentiment, as well as the momentum brought by the US dollar index's recovery. At the current hourly chart level, gold has shown serious overbought behavior, and the technical trend has completed a short-term three band rise. Although there is still a possibility of further recovery in the weak US index and strong gold technology structure, the momentum for further increase is not expected to be very strong. Above can be followed1770Nearby pressure, we cannot rule out the possibility of a fourth wave or even a fifth wave of recovery in the market, but that trend is also too extreme and approaching our previous expectations above1770-80Strong pressure band, so the space for upward movement is also limited. Stay tuned below1750Consider this position as a turning point for the market to remain strong or turn weak in the near competition.

Gold4The hour chart is currently inCAmidst the rebound of the waves,AWave low point1680Make a wave of rebound,BWave low point1711Make it a rising point, this level is the critical point for the bullish rebound, extending above this level and breaking through1752It's the second highest point, breaking the previous record4The weak decline at the hourly level has driven the gold cross upwards with the current moving average indicator,KThe short-term bullish trend in the line form, combined with the correction of the small bearish trend, is currently breaking through. However, the short-term trend is still relatively strong, and the space for retracement is slightly limited. For the small cycle form and small level bullish trend, horizontal consolidation is used instead of rebound. In summary, Qin Zeran suggests that gold should focus on a pullback and a long position next Monday, supplemented by a rebound and short position, with short-term focus on the upper side1775-1780Frontline resistance, short-term focus below1752-1747Frontline support. The article can only provide you with a temporary direction and ideas. As for the specific entry point and timing of settlement, please pay attention to Qin Zeran's firm offer and it will be provided in real time.

　　crude oilNext week's market analysis:

Analysis of crude oil news: Friday(7month29day)This week, US oil prices fluctuated slightly and rebounded. The Federal Reserve raises interest rates as scheduled75Based on this, crude oil prices have rebounded with ease. In addition, Russia's reduction in crude oil supply to Europe has reignited concerns about tightening supply in the crude oil market, which has supported oil prices. However, in the second quarter of the United StatesGDPThe negative value recorded has raised concerns in the market about the US and even global economic recession, which is not conducive to crude oil demand and limits the increase in oil prices. Next week, the market will welcome the heavyweight United States7The release of the monthly non farm employment report. The current US economy is in recession and inflation is high, and the only thing that can be taken advantage of is the labor market. Therefore, the Federal Reserve pays close attention to the performance of US labor market data, and investors should also pay close attention.

Technical analysis of crude oil: Overall, the trend of crude oil prices has been mainly volatile in recent times. Although the price has been repeatedly tested downwards before, it has never broken through, and the subsequent rebound has not had a good continuity, making the trend more complicated. At the daily level, the Bollinger Bands closed, and prices rebounded to the Bollinger Bands. Once again, they encountered resistance and broke through in the evening, rising and falling back, but their continuity was not strong. This is also what has been said before. The daily Bands cannot be effectively maintained, and it is difficult for prices to have a decent rebound.4In the hour of trading, Bollinger remained flat, and the price has retreated since the last time, which is also the position of the downward trend line. The price has not yet moved out of the triangle convergence area. Therefore, Qin Zeran suggested that the operating strategy for crude oil next Monday should still be based on a volatile approach, with a slight rebound and short selling. Short term attention should be paid to crude oil trading above next week101.3-101.8Frontline resistance, short-term focus below96.5-96.0Frontline support.

I believe everyone has seen too many analysts who show their profits in various markets, but Qin Zeran does not have magnificent profits. His strategy is publicly disclosed by friends every day, and the strategy is accurate and verified by the market situation. Keeping up is earning! No one earns every day, but someone earns every day. The difference lies in whether that person is you! There are many friends who have added Qin Zeran and are always skeptical about Qin Zeran's strategy. Is Teacher Qin's strategy accurate? Am I following or not? What should I do if I lose? I'll take a look again. Then the market came, others made a profit, and you lost. You always miss one opportunity after another in a skeptical wait and see, and then miss the next opportunity in a sigh of regret, so repeatedly that you lose the whole game. As an investor, we should remember our original intention of coming to this market and not let all our efforts go to waste. We should take cooperation and win-win as the starting point, cultivate and promote a healthy, harmonious and standardized trading philosophy, fundamentally eliminate non-performing trading models and order taking models, and truly achieve mutual benefit.

This article is originally contributed by Qin Zeran. I interpret world economic news, analyze global investment trends, and conduct in-depth research on commodities such as crude oil, gold, and silver. Due to the delay of network push, the above contents are personal suggestions. Since the network documents are timely, the suggestions are only for reference, and operational risk is borne by yourself! Reproduction and plagiarism without permission are strictly prohibited.