Translated by Panshijia:7.28Weekly Closing Battle, Analysis and Strategy of Gold and Crude Oil Market

Summary:goldContinuing to benefit from the Federal Reserve's decision, futures closed up nearly on Thursday1%However, the US dollar has shown a rebound trend, and the supportive role of Trump in the future is still worth looking forward to;crude oilOn Thursday, it hit its highest closing price in two months as oil producers cut expenses and Kuwait promised to further reduce production, boosting investor confidence.

Translated by Panshi Family.One-on-one guidance on market strategy (official WeChat account):OL0080
Gold and crude oil news
Gold continues to benefit from the Federal Reserve's interest rate resolution, coupled withfuturesShort covering in the market, gold futures prices on Thursday（7month27The closing price has risen by nearly1%Created from6The highest closing price since mid month. International spot gold is breaking through1260Unable to stabilize after the checkpoint, the US market hit its lowest point during trading on Thursday1254.02dollar/Ounce, a sudden jump in the short line, retreating once again1260Below the front line.
COMEX 8Monthly gold futures up10.60USD, Reported1260dollar/Ounces, up by0.9%, for6month14The highest closing price since the beginning of the day.9Monthly silver prices have also risen11.4Cents, reported16.573dollar/Ounces, up by0.7%。
Crude oil prices closed higher for the fourth consecutive trading day on Thursday, reaching their highest closing price in two months. The positive impact of the decline in US crude oil inventories is still fermenting, while Saudi Arabia and othersOPECCore member countries have also expressed firm confidence in stabilizing the oil market, but the rebound of the US dollar has partially limited the upward space for oil prices.
WTI 9Monthly crude oil futures closed higher on Thursday0.29USD, increase0.59%Report49.04dollar/Bucket5month30The highest closing price since the beginning of the day. Brent9Monthly crude oil futures up0.52USD, increase1.02%Report51.49dollar/Barrel, reaching a six week high. Since the beginning of this week, the price increase of American oil cloth has reached approximately7%。
Analysis of Gold Technology
Gold has recently hit the Bollinger Bands and shown a pullback. On Wednesday, it1250The lower part continued to fluctuate, but was affected by the news on Thursday morning, resulting inMACDas well asKDJDouble inverted upwards, now in1260Maintain oscillation,KThe current scene of a golden cross in the line is slightly enhanced by the red kinetic energy column; After four hours of opening up, the price of gold has been consistently on the Bollinger Bands with signs of breaking, and there has been a significant upward trend among bulls,MACDThe formation of a double line shows an upward trend of intersection, with the kinetic energy column changing from green to red,KDJandRSIThe policy is upward, and in summary, gold will still have an upward trend today. However, considering the impact of news, can gold stabilize today1265Very important. From Thursday's market situation, gold broke through on Thursday1260Unable to stabilize after the checkpoint, but the highest price1264.99Still above yesterday's high, the upward momentum has not yet dissipated, so gold is still bullish on Friday.


There is almost no suspense in the market, with a low bullish mentality as the main focus. Gold may retreat, but please note that at the very least it will be waiting for the US dollar index to switch back to the monthly line. Remember not to reverse the step back. Gold has just broken through1260Don't rush to enter with a batch of hollow or similar orders! Now break through1260-1258Support,lifeJia（V：OL0080）Suggest stepping back on the vertex and following the trend as the main operation!
Gold trading strategy
1Callback1254-1256Multiple entry in USD, stop loss5US dollars, look at the target1262-1264；
Technical analysis of crude oil
From the daily chart, crude oil broke through last week's low point on Monday, reaching a minimum of45.40After stabilizing on the front line, it pulled up and directly turned the market from short to long. Continue to close positive on Tuesday and break through the previous high point47.7First line, Wednesday morningAPIAnd in the eveningEIAPulling oil prices to a high point again48.84On the front line, the daily line closed with another yang. Thursday Breakthrough49Da Guan, expected to close positive again, with four consecutive positive days on the daily chart. The bullish trend is exceptionally strong, pointing straight to50First line clearance.
from4Looking at the hourly chart, influenced by the fundamentals, crude oil has continued to rise and close. Although there is also a bearish column in the middle, compared to the previous consecutive bearish declines, this rebound is very strong. At present, it is in a high oscillation upward trend, with the Bollinger Bands maintaining an upward opening movement and the Bollinger Bands maintaining simultaneous upward movement, belonging to a strong form. In the short term, it will continue to rebound and explore with inertia.
Crude oil trading strategy
1Shijia suggests falling back to48.7-48.9Multiple orders entering nearby, stop loss0.4, Objective49.5frontline.
Gold empty order unwinding
1Empty single duvet cover3-5If you are not willing to leave the field at a small loss, be patient and wait for a pullback. Once you reach support, you can break even and leave the field. Wait and see before deciding on further actions;
2Empty single duvet cover5-8At a certain point, observe the strength of the pullback. If it is strong and the depth of the pullback is deep, you can take advantage of the trend and lay out multiple orders at a low level. It is best to reduce your position before breaking through. Don't forget that your first goal is to lift the trapped range, so you need to consider minimizing losses;
3If the short position is too deep, reduce the position first and then look at the future market trend. If the intraday market is mainly volatile and the overall trend is bullish, then short positions will be filled at a low level. If there is a strong bullish trend in the short to medium term, leave directly without hesitation. Friends who have a set of orders can privately chat about themselves,As I am not aware of the specific booking situation, please let me know the specific location and size of the warehouse, Shijia（V：OL0080）Specific strategies will be provided based on individual circumstances!
writing//Translated by Panshi Family.Personal official online one-on-one guidance (official WeChat):OL0080