Guo Shengxin:5.11Prediction of Gold and Crude Oil Trends: Latest Trading Guidelines and Operational Ideas for Gold

　　goldAnalysis of the latest market trend

Wednesday(5month10day)The international gold price fluctuated narrowly. Traders are waiting for key US inflation data, which may determine the next direction of the Federal Reserve's monetary policy. Investors are also closely watching developments surrounding the US debt ceiling. Economists predict that gold will reach a historic high. The gold price has already reached2020dollar/The ounce level hovered around for several trading days, although below its historical high(2079.38dollar/ounce)But any signs of consumer price relaxation may have the potential to rewrite this record. In addition to the US inflation data, the progress of the US debt ceiling negotiations is also crucial for gold traders, especially in the case of the delay in reaching an agreement, the threat of a potential unprecedented US default worries the market. Analysts said that it was positive for the two sides to continue to meet, "but no matter how stressed, time is running out, and the risk of default due to mistakes is increasing day by day." Economists warned that the impact of the long-term default of the United States includes that the economy may fall into a deep recession, the unemployment rate will soar, and the stability of the global financial system based on American bonds will be damaged.

Gold daily level high volatility;MACDAdhesion after top deviation,KDJSlightly dead cross, after a signal similar to the "Twilight Star" peak appeared near the historical high, gold prices rebounded moderately, but failed to break the short-term peak signal. There is still a possibility of gold prices oscillating and building a peak, and preliminary support is in place10Daily moving average2016.50Nearby, pay attention to the middle track of the Bollinger Line2007.92Nearby support, if this support is missed, add a short-term bearish signal to further support the2000Near the integer level, last Friday's low point support was also near this position. If this position is missed, it means that the gold price is expected to further fall towards the lower track of the Bollinger Line1965.37Nearby, in the short term, last Tuesday's low point1978.39There is also some support nearby. However, the possibility of gold prices fluctuating upwards cannot be completely ruled out until the Bollinger Bands are lost. Please pay attention to the Bollinger Bands above2050.44Nearby resistance, if it can be overcome, it will increase the bullish signal in the future, and it means that gold prices may start a new round of upward trend. Further resistance can be referred to separately2060Gateway and2070Gateway. In the short term, intraday highs2038.10There are also some obstacles nearby. In summary, Guo Shengxin suggests that gold's trading strategy for today should focus on rebounding at high altitudes, supplemented by a pullback at low altitudes, with a focus on the upper level2045-2050Frontline resistance, short-term focus below2015-2020Frontline support. Regarding today's operation,

United Statescrude oil：

Fundamental analysis:

Oil prices fell on Wednesday, ending three consecutive days of gains. Economic data was mixed and did not provide a clear interest rate path for the Federal Reserve. However, inflation data suggests that the Federal Reserve may continue to raise interest rates; The US crude oil inventory unexpectedly increased, and the US debt ceiling impasse triggered economic concerns, dragging down oil prices. US Energy Information Agency(EIA)On Wednesday, it was announced that due to the re release of national reserves and a decrease in exports, US crude oil inventories unexpectedly increased last week, while gasoline inventories fell more than expected due to a jump in demand. As of5month5During the past week, crude oil inventories increased300Ten thousand barrels, reaching4.626Billion barrels, strategic oil reserves(SPR)Reduced for the sixth consecutive week, decreased last week29010000 barrels to3.62Billion barrels, for1983year10The lowest since the beginning of the month. The stalemate in the US Congress over the debt ceiling and the risk of US default could lead to a financial panic, which could have devastating economic consequences. On the whole, oil prices were affected by higher inflation data, and the unexpected increase of US crude oil inventory. The deadlock of the US debt ceiling further triggered economic concerns, and the increase of oil prices may be limited.