4.18Gold London gold next week's trend forecast, online guidance for gold crude oil to unwind

　①周五（4month17Day)goldT+DClosing down1.58%to369.91element/Ke, hitting an eight and a half year high during trading; silverT+DClosing down2.11%to3661element/Kilogram. Spot gold prices have experienced a significant drop, falling below1690Above the US dollar ounce level. The US dollar index is expected to regain its stability100Above the Great Wall, trading is at a high level for over a week. As the weekend approaches, facing more uncertain news in the future, market funds are choosing to withdraw in US dollars, and gold long profit positions are also taking the opportunity to exit. In addition, there were positive news about drug trials overnight, and Chinese economic data also showed3The activity situation in various fields has significantly improved in the month, risk appetite sentiment has rebounded, global stock markets have also risen, and the attractiveness of gold has weakened. It is estimated that India's gold demand will decline year-on-year this year50%, to the nearest30The lowest level since the beginning of the year.
　　
　　②在本周初的大涨后，黄金市场回落，周五(4month17day)Spot gold prices have experienced a significant drop, falling below1690Above the US dollar ounce level. The US dollar index has surged again100Above the Great Wall, trading is at a high level for over a week. As the weekend approaches, facing more uncertain news in the future, market funds are choosing to return to the US dollar, and gold long profit positions are also taking the opportunity to exit
　　
　　③美国总统特朗普发布使美国经济得以重新开放的指引，他预计新冠死亡人数甚至比乐观的预测还要少，国家停摆不是一个可持续的长期计划，预计美国经济一经开放就会快速繁荣起来，经济将分三阶段复苏，美国已经渡过了新冠肺炎疫情的高峰期。
　　
　　====Analysis of Gold Market Trend====
　　
Spot gold from4From an hourly perspective, the gold price continues its downward pressure trend since the high point, and the opening of the upper and lower tracks of the Bollinger Belt converges,MACDDead fork, green kinetic energy column slightly expanded,KDJDead cross, further decline in random indicators, convergence of the opening of the upper and lower tracks of the Bollinger band, indicating that the short term may further decline, and the short term will continue to fall under pressure. Pay attention to the lower support first1690Near the front line, further support at1675Nearby, if the support at this position is effectively breached, we will go to explore it1644Support position, this is3If the points tested since the end of the month fail again, the support level below will further look towards1600Pass. Overall, in terms of short-term trading strategy for tonight, Zhihao's personal suggestion is to focus on rebounding at high levels, with long positions as a supplement, and pay close attention to short-term trading above1708-1710Frontline resistance, short-term focus below1678-1680Frontline support.
　　
Latest operating suggestions for gold:
　　
　　1The rebound above the gold does not break1708-1710Short on the front line, stop loss4US dollars, look at the target1690-1688frontline;
　　
　　2The pullback below the gold does not break1678-1680Long on the front line, stop loss4US dollars, look at the target1690-1692frontline;
　　
　　crude oilMessage surface:
　　
　　①4month17During the European time slot, two major international crude oilsfuturesPrice turns down, China's first quarterGDPThe unexpected contraction has offset the optimism previously brought about by US President Trump's plan to restart economic activity. Saudi Arabia stated that it has notified some refining companies in Asia,5We will supply crude oil in full according to the contracted quantity every month.OPEC+We have decided to reduce production almost1000Thousands of barrels, but even if the United States, Norway, and other countries are notOPEC+Oil producing countries reduce production again100010000 barrels/Day, the supply will still be close100010000 barrels/Daily surplus. Communicate on WeChat【bzd99996327】
　　
　　②中国一季度GDPYear on year decline in annual rate6.8%The decrease exceeds the expected value0.8Percentage point, reversing the previous period6%Due to the outbreak of the coronavirus, production and consumption have come to a halt, resulting in a significant gap in global energy demand. International oil prices have fallen for the second consecutive week, with US crude oil hitting a new high this week18Annual low to19.20dollar/Bucket. Due to the severe suppression of demand caused by the coronavirus pandemic and ongoing concerns about oversupply, analysts have significantly lowered their crude oil price expectations.
　　
　　③OPECIt is now believed that due to the outbreak of the coronavirus, global demand will shrink69010000 barrels/On the other hand, there is expected to be a slight increase last month.OPECWhen it comes to demand forecasting, the downside risk remains significant, indicating the possibility of further adjustments, especially in the second quarter. althoughOPECAnd Russia and other nonOPECOil producing countries have agreed to5、6Monthly joint production reduction970bucket/Day.
　　
　　====Analysis of crude oil market trend====
　　
　　美原油短线4The downward trend has temporarily slowed down in the hour, and yesterday's dip did not break through the low level. It is currently consolidating horizontally at a low level, and the space is starting to shrink. For a weak market, as long as it is sideways at a low level, it is beneficial for the bulls. There is no room for decline, and after a low-level consolidation, there will be a rebound. Of course, a reversal still requires spatial coordination. The current structure appears to have closed today's weekly chart, with low volatility expected to dominate. But due to holding on19.20Low point, short-term operations should be done at an appropriate low and short position, and a rebound can be timely put into the bag. Overall, in terms of short-term trading strategy for tonight, Zhihao's personal suggestion is to focus on rebounding at high levels, with long positions as a supplement, and pay close attention to short-term trading above20.0-20.2Frontline resistance, short-term focus below17.0-17.2Frontline support. Communicate on WeChat【bzd99996327】
　　
Latest operating recommendations for crude oil:
　　
　　1The rebound above the crude oil does not break20.0-20.2Short on the front line, stop loss0.4US dollars, look at the target18.4-18.2frontline;
　　
　　2The downward correction of crude oil does not break17.0-17.2Long on the front line, stop loss0.4US dollars, look at the target18.3-18.5frontline
　　
Author's message: May you and I start with words, adapt to character, fall into technical difficulties, persist in kindness, and finally have character.
　　
　　本文由志豪点金交流微信【bzd99996327】I am writing this article to interpret world economic news, analyze global investment trends, and conduct in-depth research on commodities such as crude oil, gold, and silver. Due to the delay of online push notifications, the above content is my personal suggestion. As online publishing is time sensitive, it is for reference only and at my own risk. Please indicate the source when reprinting