Guo Shengxin:5.10Golden EveningCPIHow to operate data and suggestions for crude oil bullish and bearish operations...

　　goldLatest market trend analysis:

Analysis of Gold News: Wednesday（5month10In the Asian market, spot gold fluctuated narrowly, trading at2033.30dollar/Around the ounce, most of the overnight gains were held. Tuesday's Gold Price Rise0.65%For two consecutive trading days of gains, as Biden and senior congressional debt ceiling negotiations did not break the deadlock, providing safe haven support for gold prices. US President Biden and senior members of Congress raised their awareness on Tuesday31.4The face-to-face talks on the trillion dollar debt ceiling have failed to break the deadlock, and in three weeks, the United States may be forced into an unprecedented debt default. However, Biden and senior congressional officials will meet again on Friday to continue the discussion, and both sides strongly emphasize that the United States will not default on its debt. Biden stated that the meeting with Republican leaders on the debt ceiling issue was "productive". In addition, the Federal Reserve's "number three" and New York Fed Chairman Williams stated that inflation remains high, making it premature to judge whether the interest rate hike is over. This also provides support for the US dollar index and US bond yields, with the US dollar index rebounding for two consecutive trading days,10The yield of one-year US Treasury bonds also held up the gains of the previous two trading days, causing bullish gold to be cautious. Overall, due to the risk of debt default, banking turmoil, and international geopolitical turmoil in the United States, gold prices are still supported by safe haven buying. The expectation of the Federal Reserve's interest rate cut this year is also supporting gold prices in the medium to long term. However, in the short term, the US dollar and US bond yields have rebounded steadily, and US inflation remains high,CPIThe data may dampen the Federal Reserve's expectation of a significant interest rate cut this year, which may bring some downward pressure on gold prices in the short term.

Technical analysis of gold: Gold rebounded with a small bullish candlestick yesterday and remained stable2000The integer level has rebounded, but the key support level has not been missed in the short term, making the sustainability of the space weak. The short-term uncertainty of the US dollar is uncertain, and the changes in yin and yang have temporarily prevented gold from moving out of one side. Whether it is currently confirming resistance by touching high or a strong recovery of lost ground remains to be confirmed. In the process of market consolidation, there are often times when there is a double dip, with the focus on whether to recover the high point or break down after reaching the high point2000Pass, construct a daily level two wave decline. At present, it is still in the process of morphological construction, and before breaking through in operation, it is treated with a high level oscillation approach.4The hour chart is stable2000Slowly rebounding and recovering above the level, there are signs of testing high points again in the short term. Looking back at the bullish and bearish changes in the form, will the pressure continue to accumulate momentum after reaching higher or will it continue to rise further. The short term may be accompanied by volatility, and the uncertain strength of the US dollar also makes it more difficult for gold to choose its direction in the short term. It will accompany the way of washing dishes and sawing. Breaking high up2078There is still a certain distance left, and we are currently breaking down2000There is also a certain distance, with the short line sweeping back and forth between neutral positions. Pay attention to the rhythm of the washing period and grasp the high altitude and low altitude within the interval. Overall, in terms of the short-term operation strategy for gold today, Guo Shengxin suggests that the main focus should be on a pullback and a long run, supplemented by a rebound in high altitude, with a focus on short-term operations above2045-2050Frontline resistance, short-term focus below2020-2015Frontline support.crude oilLatest market trend analysis:

Analysis of crude oil message surface:5month10During the Asian session on Wednesday, US crude oil was trading at73.48dollar/Near the barrel; Oil prices rose on Tuesday, rebounding from earlier intraday gains of over2%The decline was due to the market balancing the US government's plan to replenish the country's emergency oil reserves with the expected seasonal increase in demand. The Energy Minister of the United Arab Emirates, Mazruyi, stated on Monday that,OPEC+The additional voluntary production cuts implemented by oil producing countries are aimed at balancing the oil market. Mazruyi told reporters during the World Public Works Conference that he is concerned that low investment will lead to future supply shortages. I am not very concerned about very short-term issues, and I believe we can try to balance supply and demand. I am more concerned about the level of investment required in the coming years. US Energy Information Administration(EIA)Tuesday forecast,2023US crude oil production will increase by approximately5%Fuel demand will increase1%The agency also lowered its forecast for Brent crude oil and US crude oil prices.EIAThe total amount of oil consumption will be2023Annual increase nearly1%, reaching2,05010000 barrels/Day,2024Annual material increase1.4%, reaching208010000 barrels/Day. The growth of energy demand will drive the global oil market to2023Third quarter of the year and2024Achieve a balanced state between the first quarter of the year. Overall, despite the increase in US crude oil inventories last week, andEIAestimate2023US oil production will increase by approximately5%Bearish oil prices, but short-term oil prices may benefit more from the Biden administration's plan to repurchase oil later this year and rise; Oil prices are expected to rise within the day75dollar/Barrel gate.

Technical analysis of crude oil: Crude oil further rebounded upwards yesterday, with four consecutive positive rebounds at the bottom of the daily chart showing strong strength, and then fell again yesterday71.30After stabilizing on the first line, it further recovered and rose, closing at a high level. The daily line combines with the previous bottom crossKThe double bottoms are currently confirmed to continue rebounding towards the neckline.4The hour chart points to the middle track, which was emphasized yesterday,4The hour chart structure rebounds and rises in a wave shape. After stepping back, pay attention to the shape of the stable track and then push the second wave up. Yesterday, after stepping back, it quickly turned positive and recovered, while breaking the downward trend line.4The hourly chart is in the process of organizing and accumulating momentum for further rebound. Yesterday's low point71.30As the defensive point for today's short term, we will continue to maintain a low, neutral value in the short term within the day72.30The suggestion for doing support and stepping back is much shorter. Overall, in terms of short-term crude oil operations today, Guo Shengxin suggests that the main focus should be on retracing the lower range and rebounding from the higher range, with a focus on short-term operations above74.5-75.0Frontline resistance, short-term focus below71.8-71.3Frontline support.