Wen Xi Dian Jin:7.18Gold plummets again,Today's market trend and analysis of gold crude oil

Wen Xi Dian Jin:7.18goldPlummeting again,goldcrude oilToday's market situation and analysis of the solution


Message surface:


Federal Reserve Chairman Powell will meet on Tuesday evening22:30Provide semi annual testimony on economic and monetary policy before the Senate Finance Committee. Previously, it was reported that Powell hinted at the improvement of the US economy and maintained confidence in it, which is expected to convey a hawkish message tonight. The market and many officials predict that as the economy continues to expand, the Federal Reserve will raise interest rates twice this year. If Powell continues to hawk, gold bulls may continue to suffer; But if we emphasize the growing risks in the economy, the US dollar may plummet and gold prices may be boosted.


Previously, there were reports that Powell claimed to "sleep well at night", indicating that the US economy remains positive and confidence in the US economy is maintained. It is expected that Powell may convey a hawkish message. If it continues to hawk, gold bulls may continue to suffer; If it leans slightly towards pigeons, the US dollar may plummet.


Gold trend analysis:


Last night in the United States6The release of monthly retail sales rates has a relatively small impact on gold. Currently, gold is experiencing a weak downward trend, and within the day, gold is1245Affected by fluctuations in the vicinity, the short-term weakness has not yet reversed. There seems to be some rebound on the daily chart, but the downward trend slows down. However, the rebound space is limited and not enough to change the short-term weakness. According to the daily chart of gold, the gold price maintained a downward trend last week and touched at the beginning of the week1267After a high point, it fluctuates and weakens. Currently5Rihe10The daily moving average has gone down with a dead cross, while the dailyKThe line is held above the lower support of the Bollinger Bands, with the Bollinger Bands opening downwards; From the perspective of indicators, the gold trend is still a weak trend. There are signs of a double bottom on the daily gold chart, and the low point of the previous gold price is supported by1236Nearby, hardware prices continued to decline last week and were tested again1236Support, as long as gold does not break through the low point support in the future, but rebounds and rises, the probability of a double bottom pattern emerging increases!


4On the hourly chart, the gold price remains between the lower and middle Bollinger Bands, with the opening of the Bollinger Bands extending downwards and the moving average circling around; Overall, the short-term trend of gold is weak and downward, with attention paid to the resistance above1236-1238Region. Key attention to support position1220-1222Nearby, for evening operations, I personally recommend continuing to rebound and focus on high altitude gold! Confidence comes from strength, and personality achieves charm.


Analysis of crude oil trend:


At present, Wenxi Dianjin is optimistic about the continued downward trend of the crude oil market this week, although the highest rebound on Friday has already been achieved71.6Nearby but only short-term correction does not affect the future decline. The decline at the beginning of the week was completely expected, as crude oil had been hovering around the opening of the Asian and European markets yesterday70.6Nearby, it didn't start to decline until the end of the European session, and after the opening of the US session, it fell below last week's low69.3At the same time, it accelerated downward to a low point in the early morning67.58。


From a technical perspective, the daily level of oil prices is currently below the short-term moving average, and the short-term moving average is showing a downward trend of a dead cross. Moreover, there is a lack of action on short-term indicators, and the overall daily level is in a bearish downward trend.4At the hourly level, oil prices have not stabilized71Above, at the beginning of this week, three consecutive bearish candlesticks emerged, further suppressing the bullish momentumMACDThe indicator is running below the zero axis, and there is no sign of weakening in the continuous release of green kinetic energy. The overall trend shows a smooth downward trend. Based on the above, Wenxi Dianjin personally believes that crude oil will continue to maintain a bearish sentiment today, and attention should be paid to it from above68.2-68.4Nearby resistance, pay attention below67Seize the opportunity to follow up on the breakthrough situation at the checkpoint.


How to unwind gold long positions:


1At present, the downward trend of gold is quite obvious, and it has already broken through the previous period1236At the low point, it is estimated that most of those who are eager to buy at the low level are still holding on. Wenxi reminds everyone here. Once the market reaches its peak.Timely break even or reduce positions and exit based on market conditions, and then enter the market to make orders. Specific operations can be communicated with Wenxi to provide you with the latest order positions in real time.


2Multiple orders are available1248-1250My friend, for those who usually have a stop loss included, they should have already done so. For those who haven't included it, they will be trapped. Follow below for more information1225The support level is recommended to drop to this level and not break, so you can add more positions! Rebound to1236All nearby are out!


3Multiple orders are available1250Friends above, it's already very deep now, and you should be in a hurry to see if the rebound can be given in the future1246-1248If not, reduce inventory and place more orders, add empty orders to enter the market, and increase the average price! The specific solution suggestion is Tianjia Wenxi WeixingangiThe suffix is9666stay.Online acquisition, directly chat with Wenxi about your order, and based on your own position situation and matching situation, develop an exclusive solution for solving the situation may be more effective! Many times, the market trend is constantly changing, and operating against those generic strategies may result in missing the best exit opportunity in an instant. I believe that market investors have all experienced it, but the final results may vary depending on the handling method. Therefore, once an order is trapped, do not blindly resist and wait for unknown opportunities to unwind. Instead, reduce losses, control risks, and guard against the expansion of losses as soon as possible!


Life is born from constant honing, which enables us to make continuous progress. The sharp edge of a sword is sharpened, and the fragrance of plum blossoms comes from bitterness and coldness! Difficulties can guide us forward and lead us towards success. Difficulties are like boulders, success is like fruits from high places. To reach the fruits, one must climb up the boulder. Although the giant rock is uneven and extremely difficult to climb, we still need to work hard to climb it. During this period, there may be cuts to the fingers or injuries all over the body. But without experiencing these, how can we climb this giant rock and pick sweet fruits high? Therefore, in terms of investment, we need to constantly learn and improve ourselves in order to go further on the investment path.


writing/Wen Xi Dian Jin Official account: Wenxi Golden Touch Guidance Officer WeChat:Angi9666