Guo Shengshan:5.3Is gold rising or falling today? Latest operational strategies for crude oil

Those with aspirations have their own thousands, while those without aspirations only feel countless difficulties. If you want to lose, you lose to your pursuers, and if you want to win, you win to your followers. No one will make you lose unless you don't want to win, don't try to be all encompassing, just have everything you need. The ups and downs of the market create waves. In the gold market, you need to learn to steer, and a sense of direction is important. Persisting in the right direction will lead to success, while persisting in the wrong direction can only lead to deeper and deeper traps. Therefore, when your thinking is wrong, timely transformation is the hard truth.

Don't let emotions affect the operation in trading

TodaygoldTrend analysis:

Gold fell at the beginning of yesterday's trading session, with an extremely weak bearish downward trend and no rebound correction. The weak consolidation continued straight down until reaching a point in the US market1854.4There was a slight pause at the low point. As for the daily structure, it has fallen below1890Formed after low pointCThe wave continued to decline, followed by a rebound correction last Friday. This week, it opened low and closed low, and the correction after rising and falling again accumulated momentum and accelerated the volume increase in the technical structure. After yesterday's volume increase, it still closed at a low level, and the next day's short-term outlook will continue appropriately. In terms of news: The market generally expects the Federal Reserve to significantly raise interest rates to curb soaring inflation, thereby increasing the opportunity cost of holding non yield asset gold. As the Federal Reserve attempts to curb soaring inflation, the market is digesting the prospect of the Fed actively raising interest rates. Investors expect the Federal Reserve to raise interest rates at this week's policy meeting50One basis point, and it may also be announced to begin reducing the balance sheet. Both of these measures will further tighten the loan conditions of the world's largest economy and may eliminate the risk of default1980The fastest increase in consumer prices since the era.

　　4Hour after hour, a series of negative drops broke through the low, breaking a new low in recent times, starting from last Friday1920Nearby pressure forms a step sub high point, forming a new wave of step down channels, but the fluctuation base is relatively large1920The decline is also a straight line break through the low and downward trend.KThe line is extremely weak, with consecutive negative declines and a large fluctuation base. The rebound space is slightly smaller. The method of weak correction mainly focuses on horizontal consolidation, while the previous rebound happened to be to accumulate momentum to break through the low.4Maintaining a downward trend during the hour is usually bearish. Yesterday DayKLine Dayin Lowers, Relying on1900Make a critical point, and1890It is the watershed of strength and weakness that breaks the low mouth. Below this level, the rebound remains bearish. Today's first resistance is1870-1872Near the low point, pay attention to whether it can continue yesterday's extremely weak downward trend. On today's trading, Guo Shengshan suggested a rebound and short selling as the main strategy, with a rebound1873-1875Nearby empty orders enter, target1860Below, stop loss5Points.

　　crude oilTrend analysis:

Monday(5month2day)International oil prices have fallen nearly3%Due to concerns about weak demand from China, the world's largest oil importer, and India's large purchase of discounted Russian oil, it may offset the supply pressure caused by the potential EU ban on Russian crude oil. The crude oil imported by India from Russia has been2021Less than the year of1010000 barrels/Daily increase4Of8010000 barrels/Day.

Crude oil opened today at103.958dollar/Barrel, Asian market shows a volatile downward trend, reaching its highest point105.1The level begins to decline, reaching its lowest point103.2Horizontal hovering. The daily chart includes a bearish hammer line, and after four consecutive bullish days, it includes an upward shadow lightning rod shape, further touching the resistance level of the triangular pressure level, and cannot break through in the future market108.0Resistance will be seen as the watershed of the bullish and bearish trend in the future, and the triangular consolidation has come to an end. In summary, if crude oil opens low and continues to rise, there is a high probability that a wave of decline will continue if the rebound does not strengthen. In today's operation, it is considered to focus on short selling through rebound, long selling through low positions, and upper level attention102.1-104.2USD resistance, follow below99.6-97.0USD support.

——This article is submitted by Guo Shengshan.

The above article was created by Guo Shengshan's teamgos1678Write my own interpretation of world economic news,Analyzing the Global Investment Trends,Has in-depth research on commodities such as crude oil, gold, silver, etc,Guo Shengshan, Technical Director, provides an online solution,Loss recovery,Due to network push latency,The above content is personal suggestion,Due to the timeliness of online publications,For reference only,At one's own risk,Please indicate the source for reprinting.