Xu Bohong:4.18/19Next Monday, the gold market will be long and then short at a low level. Analysis of the gold market and operational strategies

Good weekend to all investment friends. In fact, a good trading mindset is essential. The biggest enemy of a trader is oneself, such as greed, impatience, uncontrollable emotions, lack of vigilance, excessive self, etc. It is easy for you to ignore market trends and make wrong trading decisions. Don't trade simply because you haven't entered the market for a long time or because you're bored. There are no specific standards for how much trading volume is required within a certain period of time. So relax your mindset, and you will overcome yourself. Below, I, Xu Bohong, bring you a simple article hoping to help you.



　　goldMarket trend analysis



Message surface analysis; Friday(4month17day), spot gold fell sharply, because it was previously reported that significant progress had been made in drug trials to treat COVID-19, and the President of the United States.Lang.Pu announced a plan to restart economic activities in an orderly manner. However, Xu Bohong believes that the possibility of a complete economic recovery in the short term is extremely slim, so precious metals will still receive effective support. Moreover, due to the recovery of market risk appetite sentiment, the US dollar index has fallen slightly. In the coming weeks, the focus will be on how severe the economic contraction caused by the coronavirus epidemic may be, as well as how fast the economic recovery will be. The key to determining economic recovery will be the direction of negotiations after Brexit in the UK, which will also lead to the trend of gold.



　　技术面分析；周线来看本周黄金收出带有长上引线的十字阴线，周期指标继续维持空头排列，但是布林带整体呈现一个走平形态，日线来看自周一价格企稳1660After the first line, there has been a fluctuating upward trend, and as the pandemic ravages the global economy and triggers large-scale stimulus plans, people are flocking to gold as a safe haven. At the same time, Bohong believes that the continuous easing and the continuous accumulation of US debt also put pressure on the US dollar, especially when the liquidity crisis eased, it also pushed gold higher. But on Tuesday, gold hit its highest point1747After being hindered from falling back, it has been fluctuating and falling. Due to the short-term rebound of the US dollar index, the market is increasingly worried that the damage of the COVID-19 to the global economy will take a long time, which reinforces the attractiveness of the US dollar as a safe haven currency. Finally, gold has been gradually declining. Xu Bohong is also taking offline customers to1740Near the high point, a bearish spot has been seized, and gold prices broke through on Friday1700First line and accelerating decline, ultimately closing with a solid bearish candlestick1690Below, Xu Bohong is currently from4From an hourly perspective, after touching the upper band of the Bollinger Bands, gold has been under short-term pressure and is currently breaking through the middle and lower bands. However, due to the gradual spread of the current epidemic, it will bring certain previous situations to gold in the short term. Therefore, based on comprehensive analysis, Xu Bohong suggests to buy long and then sell short next Monday. Please pay attention to the above1710-1712Resistance, pay attention below1670-1672Support. The market is constantly changing, and we need to obtain daily online real-time guidance on operational strategies and problem-solving strategies. You can directly add me for one-on-one guidance and communication on WeChat{xbh768}I will try my best to help you solve your problems.



　　crude oilMarket trend analysis



　　消息面分析；周五两大国际原油futuresPrice turns down, China's first quarterGDPExceeding expectations of shrinkage, offsetting the previous impact of the US President's special measures.Lang.The optimistic sentiment brought about by the resumption of economic activities in the Pu Plan, and Bohong believes that Saudi Arabia has notified some refining companies in Asia,5We will supply crude oil in full according to the contracted quantity every month. Moreover, Xu Bohong believes that due to the freezing of the global economy caused by the outbreak of the coronavirus epidemic, the market demand for the organization's crude oil is expected to drop to the lowest level in 30 years.OPECAnd its allies have agreed to reduce production next month10%However, even if the production reduction target is fully achieved, in the second quarterOPECThe production will still exceed market demand. Xu Bohong believes that the reduction in production is definitely not enough to balance the market, and it is very likely that prices will be lower in the short term



　　技术面分析；日线来看原油最近一直是阴跌行情，而且原油目前已经形成6Continuous bearish trend, crude oil hit on Monday24.8After being blocked and falling on the front line, the market has been fluctuating downwards. On Tuesday, crude oil fell sharply at the opening, and at one point, crude oil fell below20At the US dollar level, Bohong believes that betting on the record breaking production reduction agreement reached by global oil producing countries will be difficult to offset the fuel demand disruption caused by the pandemic. Moreover, an increasing amount of data shows that the global economy is facing greater downward pressure, and refineries are reducing their operating rates to save costs, which has also lowered crude oil demand. Overall, oil prices are trending downward. Although the price touched on Wednesday19.3A rapid rebound occurred nearby, with the highest rebound20.9On the front line, but subject to21Suppressing the decline, Xu Bohong also captured it with offline customers20.8Short selling opportunity, crude oil continued to decline in the second half of the week and eventually broke through the level19.3An important support level on the front line, as the severe impact of the epidemic on demand has led to a much larger than expected increase in US crude oil inventories, which may mean that the previously decided production cuts by oil producing countries are only a drop in the bucket. So it caused crude oil to directly break through on Friday18First line support, lowest touch17.3First line, but quickly rebounded in the second half of the night, ultimately closing with a solid bearish candlestick18Above, Xu Bohong is currently from4From an hourly perspective, the price has been under pressure to fall after hitting the mid track line, but after breaking through the lower track, it stabilizes and rises in the short term. From the perspective of indicators, the price has shown serious oversold and there is a need to repair indicators in the short term. Therefore, based on comprehensive analysis, Xu Bohong suggests that for next Monday's operation, it is sufficient to operate at high altitude, low altitude, and long positions. Remember not to chase short positions, and pay attention to the above19.8-20.0Resistance, pay attention below17.2-17.5Support, the market is constantly changing, and we need to obtain daily online real-time guidance on operational strategies and solution strategies. You can directly add me for one-on-one guidance and communication on WeChat{xbh768}I will try my best to help you solve your problems.



Xu Bohong's Personal Investment Experience



Trading is like warfare, where both offense and defense are necessary. Defense is based on retreat, while offense is based on advance. When risk outweighs profit, a perfect retreat is far more significant than a partial victory. The highest level of trading is short positions. Only short positions can calm down, only meditation can observe battles, and only observation can serve as a referee, thus distinguishing between strong and weak trends. As long as one stands in line with the strong and weak teams, profit is just a passing act. Therefore, the first thing a trader needs to learn is to spend most of their time observing, rather than participating. They don't need to participate every time, they only want to turn the tide of trading once. There is no one in this world who lives easier than anyone else, but the strong. Even if they fall, they must smile, never cry out for pain when they fall, or turn on the light when they are afraid of the dark. The strong are not born, they have only experienced more setbacks.



　　本文由徐博鸿老师分析团队独家策划编辑，本人解读世界经济要闻，剖析全球foreign exchangeInvestment Trends! Regarding crude oil/gold/Friends who are not ideal in foreign exchange and other investments can follow the teacher for guidance and communication on WeChat;xbh768】