Wen Xi Dian Jin:7.19The downward trend of gold has slowed down and fallen into consolidation. Suggestions for intraday gold and crude oil operations

Wen Xi Dian Jin:7.19goldSlowing down and consolidating, intraday goldcrude oilOperation suggestions


Message surface:


US Energy Information Administration（EIA）Data shows that the United States7month13Increase in crude oil inventory for the current week583.6Ten thousand barrels, expected decrease410Ten thousand barrels. After three consecutive weeks of flat crude oil production in the United States,7month13Breakthrough in the current week110010000 barrels/For the first time in history, it was mainly affected by the increase in Alaska's crude oil production.


However, strong gasoline demand has led to a decrease in crude oil inventories in the Cushing region2014year11The lowest level since the beginning of the month. The strong demand for refined oil inventories in the United States offset the impact of the significant increase in crude oil inventories, and oil prices began to rise again after a brief decline. Financial blog Zero Hedge pointed out that another reason for the rapid narrowing of the decline in US oil prices may be the intervention of machine trading.


Gold trend analysis:


Gold continues to decline, currently trading in1Near the annual low point. The current trend of gold price is extremely bearish,MACDShow that the action can be strong, andRSIContinuously declining, it has now fallen to oversold levels. And the clouds under the cloud map continue to decline, indicating a bearish trend in the short to medium term of gold prices. Looking at the longer cycle, the gold price has already fallen below200The weekly moving average is1234The support of the US dollar, if the gold price is unable to rise above that level this week, there will be a chance for the gold price to quickly decline1200The US dollar barrier.


4The hourly chart shows that the current downward trend of gold prices has paused, but overall it is still bearish,MAThe moving average is currently showing a bearish trend, andMACDThis indicates that the action can be strong, suggesting that the gold price still tends to decline in the short term. In addition,RSIThere is currently no sign of a rebound, and there is no short-term momentum for gold prices to rebound. The expected trend for gold prices today is bearish. Attention is needed above1235/1240First line, follow below1225/1220frontline. Mid to long term profits are about to begin1250Look nearby1230-1200-1150。


Suggestions for Gold Operations:


1Suggest using1232-1234Consider short selling and stop loss nearby5US dollars, look at the target1225-1220Near the US dollar;


2Suggest using1220-1222Consider going long and stopping losses nearby5US dollars, look at the target1226-1235Around the US dollar.


Analysis of crude oil trend


Crude oil has maintained an extremely weak downward trend this week, with multiple high platform dives and continuous price declines, which is also a manifestation of bullish profit taking. The weekly chart fell directly with a large bearish candlestick, and its price also touched5、10The position of the weekly chart and the formation of short-term support for a small bottoming out and rebound indicate that the price has a certain supporting effect here; From the daily chart, there was a cliff like decline last Wednesday, which led to a rebound correction trend in the following two days without significant volatility, and the price was still hindered5Daily moving average and10The suppression of the daily moving average and the contraction of the Bollinger Bands also suggest that the market will maintain a volatile and bearish trend in the future; However, with a significant drop in prices, there will inevitably be a demand for adjustment in the future market, so the operation is still to maintain the strategy of rebounding and short selling.


From a technical perspective,4The hourly break continues with two waves of downward adjustment. Of course, the current decline is treated as an adjustment, not a trend, but a correction in the upward trend. The space is relatively larger, after all4Hour level adjustment space. along with69.4Breaking through this level, this level has been converted into today's resistance, and the rebound will continue to see downward pressure around this level today. But yesterday the Great Yin Space still released quite a bit. Today, it will continue to fluctuate after the inertia decline, and the price will fall too quickly. The indicator cannot keep up with the downward speed, and it is easy to pause and oscillate after the bearish candlestick, so today's short-term rebound is still bearish. Follow above69.4One line of resistance, pay attention below67.8Frontline support, break through and continue to focus below67.0Support at the critical level, it is recommended to continue to focus on rebounding at high altitude during daytime operations. Going long with a callback as a supplement, with a focus on the top69.4One line of resistance, pay attention below67Frontline support.


touch69.4Open empty, damaged69.8Looking at profits68.4！


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